3 Riverwalk Drive, Severn, ON

$599,900
MLS#:S12496510
2 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 23, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow att/row/townhouse located in the coveted neighborhood of Coldwater. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 23.85 x 107.18 ft lot
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Welcome to Riverwalk Estates, where comfort and convenience come together in this inviting 2-bedroom, 1.5-bathroom bungalow. Perfect for anyone looking for a relaxed, low-maintenance lifestyle, this home offers both charm and functionality. Inside, the open-concept layout creates a bright and welcoming atmosphere, enhanced by 9-foot ceilings, crown molding, and pot lights throughout. New plush carpet flow through the living room and bedrooms, adding soft and warmth character. The primary suite serves as a private retreat with its walk-in closet built by closets by design and new updated modern ensuite. The kitchen is thoughtfully designed with stainless steel appliances, generous counter space, and a skylight that fills the room with natural light. Step outside to your private backyard, featuring an interlock patio and retractable awning perfect for year-round enjoyment. With the added benefit of inside entry from the garage, this home blends style, comfort, and practicality. miss the chance to experience carefree living in this beautiful bungalow.

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Property Summary

This townhouse located at 3 Riverwalk Drive, Severn is currently for sale and has been available on SousaSells for 260 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 3 Riverwalk Drive, Severn is in the Coldwater neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2026
Sold price information is available to members only
Listed Date10/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementNone
Lot Size23.85 × 107.18 Feet
CountySimcoe
Annual Tax$2,190.96
Legal DescriptionPT BLK 14 PL 51M936, PT 3 PL 51R36966, S/T EASEMENT IN GROSS AS IN SC733752, S/T EASEMENT IN GROSS AS IN SC745355, T/W AN UNDIVIDED COMMON INTEREST IN SIMCOE COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 349

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

River/Stream

Interior Features

Other

Security Features

Community Features

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Location

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3 Riverwalk Drive, Severn, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 3 Riverwalk Drive, Severn, ON L0K 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Severn, ON

For a property listed at $599,900 in Severn, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Coldwater, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$797,469

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.