This property was sold on February 18, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,990,000 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.
Beautiful Waterfront Property on Lake Couchiching. 5+2 Bedrooms, 3 Washrooms. Big walkout basement. Looking for a family year round cottage or an investment property or a house to call home, this is the place you will want to be. House features of High cathedral ceilings, ample parking, 2nd level loft, attached 2 car garage with interior access, main floor laundry, spacious deck with stunning views overlooking the lake. Tastefully done renovations including a new roof, engineered hardwood flooring on the main level, new front door, new stairs to basement, new tiles in kitchen, new big windows in living room capturing incredible views of water and sunrise.
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This detached home located at 7973 Bet Ray Boulevard, Severn is currently for sale and has been available on SousaSells for 537 days. This property is listed at $1,990,000 with an estimated mortgage of $6,624* per month. It has 7 beds, 3 bathrooms, and is 2500-3000 square feet. 7973 Bet Ray Boulevard, Severn is in the Rural Severn neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Clear View, Fenced Yard, Lake Access, Waterfront
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7973 Bet Ray Boulevard, Severn, ON L3V 0V7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
About Purchasing a Home in Severn, ON
For a property listed at $1,990,000 in Severn, the legal minimum down payment is $398,000 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 $36,275 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 $36,275.
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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.