3587 Riverdale Drive, Severn, ON

$599,000
MLS#:S12250082
2 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

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 $599,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 91.04 x 199 ft lot
  • 8.0 total parking spaces available
  • Notable attributes: Carpet Free, Generator - Partial, Propane Tank
  • equipped with wall unit(s) central cooling and highly efficient other heating via propane

Description

FULLY FURNISHED & TURN-KEY BUNGALOW WITH 91 FT OF FRONTAGE ON THE GREEN RIVER! Start your day paddling down the peaceful Green River, then head to your private dock to soak up the sun, take a swim, or cast a line in your own backyard paradise. This fully furnished, seasonal bungalow is tucked away on a beautifully treed 91 x 199-foot lot with approximately 91 feet of frontage along the water, offering endless ways to unwind and enjoy the outdoors. Spend lazy afternoons in the screened-in sunroom with panoramic river views, perfect for morning coffee or evening cocktails. Inside, you'll find cathedral wood plank ceilings, hardwood floors, and a cozy propane fireplace that adds warmth and personality. The open-concept layout makes entertaining a breeze, with a bright kitchen featuring quartz countertops, shaker-style cabinetry with a pantry cabinet for extra storage, included appliances, and a convenient walkout. Two comfortable bedrooms each feature sliding barn doors, and the renovated three-piece bathroom adds a touch of modern comfort with beadboard detail and a sleek glass door walk-in shower. A well-equipped laundry room with upper cabinetry adds everyday convenience, and the updated septic system provides peace of mind. Outside, there's plenty of room for kayaks, paddleboards, and outdoor gear. The long driveway easily fits up to eight vehicles, and you're just minutes from Foodland, Centennial Park with a beach and trails, the community centre, golf, and the VIA Rail station. Whether you're looking for a peaceful cottage retreat or a weekend getaway, this riverside gem offers the laid-back lifestyle you've been dreaming of!

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Property Summary

This detached home located at 3587 Riverdale Drive, Severn is currently for sale and has been available on SousaSells for 386 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 3587 Riverdale Drive, Severn is in the Rural Severn neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateJuly 30, 2025
Sold price information is available to members only
Listed Date6/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionShingle , Wood
BasementNone
Lot Size91.04 × 199 Feet
CountySimcoe
Annual Tax$1,985.48
Legal DescriptionLT 10 PL 1294 NORTH ORILLIA; SEVERN

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingWall Unit(s)

Features

Property Features

Clear View, Lake Access, Lake/Pond, Marina, River/Stream, Waterfront

Interior Features

Carpet Free, Generator - Partial, Propane Tank, Water Heater

Security Features

Community Features

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Location

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3587 Riverdale 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 3587 Riverdale Drive, Severn, ON L0K 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$179,700 (30.0%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period30 Years
Estimated Monthly Payment$1,994Based on a loan of $419,300 over 30 years.
Purchase Price$599,000
Loan Amount$419,300
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Severn, ON

For a property listed at $599,000 in Severn, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,144,041

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.