Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Severn. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $129,000 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.
Build your dream home on this 1.462-acre treed lot at 3040 Grass Lake Line in desirable Severn Township. Zoned RR/EP, this deep 375-foot property offers privacy with excellent access to major routes, direct access to southbound Highway 11 and just minutes from northbound Highway 11 and the city of Orillia. Enjoy the best of rural living with urban convenience nearby. This is an ideal opportunity for those seeking space and quick connectivity. Located minutes from Lake Couchiching and in proximity to amenities including Casino Rama Resort, Mara Provincial Park, and McRae Point Provincial Park. Convenient access to Orillia and Highway 11 supports commuter access and resale potential. Buyer to complete their own due diligence regarding site preparation, zoning, building permits, HST is included in the purchase price. Buyer responsible for all development charges, MTO and building permits, culvert fees, and any applicable municipal fees. Don't miss your chance to secure a prime building lot in a sought-after location. Being sold "as is" as it is an Estate sale. Do Not Walk Grounds Without An Appointment.
Contact us to schedule a private viewing of this property.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3040 Grass Lake Line, 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 $129,000 in Severn, the legal minimum down payment is $6,450 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 $1,015 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 $1,015.
No current listings found in Severn.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Severn, Severn.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.