2886 Southorn Road, Severn, ON
Property no longer active
This property was sold on June 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised farm located in the coveted neighborhood of Coldwater. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $2,400,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 26.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Top 5 Reasons You Will Love This Home: 1) Spanning over 113-acres, with approximately 95 workable acres, this property offers expansive space for agricultural use and it neighbours a development zone in Coldwater 2) Recently renovated three bedroom home showcasing a charming farmhouse-style kitchen and a spacious porch that overlooks the fields 3) Bright and inviting lower level featuring a separate entrance, large windows that flood the space with natural light, a cozy built-in gas fireplace, two bedrooms, a storage room, and a 4-piece bathroom 4) Generously sized property including multiple outbuildings such as a large barn, drive shed, gazebo and a cozy bunkie, offering plenty of utility and leisure options 5) Ideally situated with quick access to both Highway 400 and Highway 12, making commuting a breeze while retaining the peaceful country lifestyle. 2,414 fin.sq.ft. Age 41. Visit our website for more detailed information.
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Property Summary
This farm located at 2886 Southorn Road, Severn is currently for sale and has been available on SousaSells for 652 days. This property is listed at $2,400,000 with an estimated mortgage of $7,989* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 2886 Southorn Road, Severn is in the Coldwater neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2886 Southorn Road, Severn, ON L0K 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Severn, ON
For a property listed at $2,400,000 in Severn, the legal minimum down payment is $480,000 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 $46,475 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 $46,475.
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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.