4119 Smith Lane, Severn, ON
Property no longer active
This property was sold on September 14, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,350,000 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 296.94 x 739 ft lot
- Features a half, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Upgraded Insulation, Water Heater Owned, Storage
- Efficient baseboard heating via electric
Description
Experience breathtaking views from this beautifully custom-built 4-bedroom home or cottage, set on one of the widest sections of the Severn River with nearly 300 feet of pristine frontage. This private 4.8-acre lot offers seclusion, accessed by its own driveway from a private road. Inside, the well-maintained cottage boasts a spacious great room featuring a cathedral ceiling, multiple walkouts, and a cozy wood-burning fireplace. The open dining area flows seamlessly into an updated kitchen, while a charming 3-season Muskoka room with a walkout to the deck provides the perfect spot to enjoy serene river views. The primary bedroom includes a 2-piece ensuite, and there's an additional full bathroom and a convenient laundry room. Outdoors, a large deck with glass railings offers panoramic views of the Severn River. The property also includes a permanent covered boat port with an electric lift, ample docking space, and plenty of parking. For added convenience, there's a spray-foamed basement for storage, and a water line from the river is equipped with a 3-filter water filtration system, including UV light. The roof shingles were replaced approximately 6 years ago, ensuring peace of mind. This property is on the historic Trent Severn Waterway that connects Lake Ontario to Georgian bay and beyond!
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Property Summary
This detached home located at 4119 Smith Lane, Severn is currently for sale and has been available on SousaSells for 681 days. This property is listed at $1,350,000 with an estimated mortgage of $4,494* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 4119 Smith Lane, 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
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Upgraded Insulation, Water Heater Owned, Storage, Water Treatment, Primary Bedroom - Main Floor
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 4119 Smith Lane, 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 $1,350,000 in Severn, the legal minimum down payment is $270,000 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 $23,475 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 $23,475.
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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.