5 Mill Street, Severn, ON
Property no longer active
This property was sold on January 31, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Coldwater. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 115.46 x 131.49 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, On Demand Water Heater, Workbench
- Efficient radiant heating via gas
Description
Step into timeless elegance with this grand 3-story brick century home, proudly perched on a spacious corner lot in the heart of charming Coldwater-just a short stroll to shops, cafés, and local amenities. Brimming with old-world character, this stately residence showcases soaring ceilings, intricate crown molding, oversized baseboards, bay windows, and rich architectural trim throughout. The detached garage is a rare find, featuring a large bay door that fits up to three vehicles and a rough-in for an electric car charger. A metal roof crowns both the home and garage, ensuring durability and classic appeal. The third-floor loft offers a serene retreat-perfect for a home office or creative studio-while the second-floor sunroom opens to a terrace above the front porch, awaiting restoration after last winter's ice storm. Enjoy summer days in the one-year-old above-ground pool, or unwind on the expansive covered front porch or in the cozy rear parlour/mudroom. With radiant heat powered by a newer boiler and a spray-foamed stone foundation in the basement ideal for storage or workshop space, this home blends historic charm with practical upgrades. Ready for its next chapter, this Coldwater gem invites someone with vision and heart to make it shine once more.
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Property Summary
This detached home located at 5 Mill Street, Severn is currently for sale and has been available on SousaSells for 256 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is 2500-3000 square feet. 5 Mill Street, Severn is in the Coldwater neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, On Demand Water Heater, Workbench
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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 5 Mill Street, 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 $599,900 in Severn, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.