Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $759,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Experience the ultimate Trent-Severn lifestyle. 1. Prime Waterfront Lifestyle: Capture the essence of the Trent-Severn Waterway. This property backs onto protected Parks Canada land, offering captivating views of Lock 42 and passing boats. For a nominal annual fee ($53.50), enjoy a water intake pipe for property irrigation and a private dock at the shoreline. All this within walking distance to local Lock 42 restaurant and minutes from the charming village of Washago. 2. Iconic Viceroy Design: Experience the bright, airy elegance of a Viceroy bungalow. The open-concept main floor features dramatic pine cathedral ceiling, oak hardwood flooring, and a cozy wood-burning fireplace. A seamless transition leads to an expansive wrap-around deck with glass railings-perfect for blending indoor and outdoor entertaining. 3. Versatile Living Space: This smart 1+2 bedroom layout includes three full bathrooms and a main-floor laundry for ultimate convenience. The fully finished walk-out basement doubles your living space, offering two additional bedrooms, a beautifully renovated bathroom, and a spacious rec room anchored by a second wood fireplace. 4. Incredible Storage & Privacy: The backyard is a landscaped oasis, accessible by vehicle via a private lane. Hobbyists will love the massive 36' x 20' detached garage/shop (16' ceilings), plus a secondary 12' x 20' lower-level garage. Thoughtful additions include a 4-year-old 10'x20' chicken coop, a 9'x10' storage shed, a secure outdoor dog pen, and a relaxing hot tub. 5. Extensive Modern Updates: Move in with peace of mind thanks to significant investments: an 80ft drilled well, updated septic, 12 yr old roof, and R20 insulation/venting. Additional upgrades include electrical, drainage, two renovated bathrooms, and select energy-efficient windows and patio doors.
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River/Stream, School Bus Route, Waterfront, Lake Access
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2562 NORTON Road, Severn, ON L0K 2B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
About Purchasing a Home in Severn, ON
For a property listed at $759,000 in Severn, the legal minimum down payment is $50,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,655 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,655.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.