3600 Narrows Road, Severn, ON
Property Highlights
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 $490,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 378.12 x 894.59 ft lot size
Description
Prime vacant land opportunity with 342.25 feet of water frontage and 7.64 acres of land! This expansive lot offers endless potential for your dream project. Situated right on the water and ideally close to a marina, its perfect for boating enthusiasts and those who love waterfront activities. Just 15 minutes north of Barrie and 20 minutes west of Orillia. Local builder willing to work with purchaser to create their dream home. This property is one that you do not want to miss out on.
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Property Summary
This vacant land located at 3600 Narrows Road, Severn is currently for sale and has been available on SousaSells for 208 days. This property is listed at $490,000 with an estimated mortgage of $1,631* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 3600 Narrows Road, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Heating & Cooling
Features
Property Features
Campground, Lake/Pond, Marina, Waterfront
Interior Features
Security Features
Community Features
Location
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 3600 Narrows Road Unit #Lot 12, 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 $490,000 in Severn, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.
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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.