3846 Menoke Beach Road, Severn, ON
Property no longer active
This property was sold on July 23, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow farm located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $4,500,000 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 506.82 x 1125.55 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Welcome To Your Serene Retreat Nestled On 13.99 Acres Of Prime Real Estate, Where Pastoral Charm Meets Potential Development Opportunity! This Expansive Property Features A Delightful Home Boasting Comfort And Style, Complemented By An Inviting Inground Pool Perfect Oasis For Relaxation And Recreation. At The Opposite End Of The Property Stands A Substantial Drive Shed, Offering Ample Space For Storage, Projects, Or Even Conversion For Additional Use. Whether You're Looking To Embark On A New Development Project Immediately Or WiselyHold Onto This Parcel For Future Opportunities, The Potential Here Is Boundless. With New Community Growth And A Subdivision Emerging Nearby, This Tocation Presents A Promising Investment Opportunity. Moments Away From The Shores Of Lake Couchiching, Offering Easy Access To Highway 11 For Convenient Commuting And Exploration. Don't Miss Out On This One.
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Property Summary
This farm located at 3846 Menoke Beach Road, Severn is currently for sale and has been available on SousaSells for 731 days. This property is listed at $4,500,000 with an estimated mortgage of $14,979* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 3846 Menoke Beach 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
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Parking & Garage
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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 3846 Menoke Beach Road, Severn, ON L3V 6H3
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 $4,500,000 in Severn, the legal minimum down payment is $900,000 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 $98,975 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 $98,975.
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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.