Turnkey Bungalow on a Large Lot with Access to Private Beach Located Just off of the 400 in Severn!! Available

  • $460,000
  • 1 beds
  • 1 baths
  • 530 sqft
Located just off of the 400, close to all amenities and siting on a very large lot is this turnkey bungalow with a newly built, detached garage and large storage shed. With 100 ft of frontage and 150 ft of depth, this lot is ideal for any size of home. This detached bungalow offers heated flooring, a newly updated kitchen, recently updated siding, 1 master suite (previously 3 bedrooms), and gated private access to Lake Couchiching for $30/year, you truly can’t pass up this well-maintained gem of a property. Looking for an Airbnb rental? This place is perfect — close to all amenities, Hwy 400, the lake within 2 hours of Toronto, while offering all charm you could dream of in a property!! The average 2 bedroom, detached home in Severn sells for $742,000, up 28% over this time last year. At only $460,000, with low inventory and high demand, this beautiful bungalow won’t last long!!

We are selling our assignable purchase contract.

Closing is April 22nd, 2022
**As per our APS, the Buyer agrees to reimburse the Seller for the Seller’s legal costs, amounting to a maximum of $1500 CAD.**

PROPERTY FEATURES
  • 1 bedroom (3 bedrooms, as per MPAC)
    • Property was converted from a 3 bedroom to 1 master suite previous to this Seller’s owninership (as per Seller)
  • 1 full bathroom
    • Half of the bathroom floor is heated (as per Seller)
  • Built in 1965 (as per MPAC)
  • Above grade: 530 sq ft (as per MPAC)
  • Crawl space can only be accessed from outside the property
  • Separate entrances:
    • Front door opens to the main entranceway
    • Back door in the laundry room leads out to the patio
  • Flooring: tile, hardwood, laminate (Buyer to verify)
  • All appliances will be included
    • Kitchen appliances are 1-year-old (as per Seller)
  • Full kitchen update was completed 3-years-ago (as per Seller)
  • Heated flooring throughout entranceway and laundry room (as per Seller)
  • 100 AMP breaker panel
  • Gas fireplace heats the property, as there is no furnace (as per Seller)
  • HWT is rented, and is believed to be original (as per Seller)
  • Window unit AC (as per Seller)
  • Windows have not been updated since the current Seller took ownership(as per Seller)
  • Roof was new when the Seller took ownership in 2017 (as per Seller)
  • Front and back deck are 1-year-old (as per Seller)
  • Large shed features front and back entrances (as per Seller)
  • Fencing is 2-years-old (as per Seller)
  • All siding was updated 3-4 years-ago (as per Seller)
  • 1-car, detached garage is 1-year-old (permits were obtained, as per Seller)
  • Parking for 4+ cars in driveway (Buyer to verify)
  • On municipal services
    • $127/month for water/sewage (Buyer to verify)
  • Property taxes: ~$2100/year (Buyer to verify)
  • Lot size: 100 ft x 150 ft (as per MPAC)
  • Site area: 0.34A (as per MPAC)
  • Zoning: SR2 (as per MPAC)
  • Gated private access (via key) to Lake Couchiching for $30/year (as per Seller)
  • Purview evaluation is $565,884!!

PROPERTY NEEDS

  • Convert the master suite back into 2 or 3 bedrooms, if desired
  • Create an addition to make the property larger, if desired (Buyer to verify)

Please click HERE for more pictures and information.

Price:
$460,000
Address:
Turnbull Dr & Grayshott Dr
Severn, ON
Square Feet:
530
Lot Size:
100 ft x 150 ft
Bedrooms:
1
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1965

Call 647-370-0820 for more details

Property Location