Welcome to this remarkable Unknown 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 $9,900,000 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.
Here is a chance to own 119 acres with frontage on Hodgins Road and direct visibility on highway 400. The highway frontage is in an area of other Commercial properties, but this property would need to go through a rezoning to be used commercially as it is currently zoned Rural with a portion being Environmentally Protected. There is also the possibility that the back portion of the property could be rezoned into Residential allowing for the subdivision into multiple residential estate properties. The property is well forested with a rolling landscape, large pine trees and granite outcroppings. Located adjacent to Highway 400 and only 1.5 hours from the G.T.A.
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Lake Access, Marina, School
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3105 NARROWS Road, Severn, ON L0K 1S0
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 $9,900,000 in Severn, the legal minimum down payment is $1,980,000 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 $233,975 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 $233,975.
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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.