$599,000Asking Price
Nestled just a stones throw from the picturesque MacLean Lake, this expansive 2,800 sq. ft. home plus a basement is the perfect canvas for your next investment. Currently in the midst of renovations, this property presents an incredible opportunity for resale or short-term rental income once completed. With lake views without the waterfront taxes, you can enjoy the beauty of the water without the extra cost. The home boasts cathedral ceilings, a solid stone foundation, and two propane fireplaces, adding warmth and character. Essential upgrades have already been taken care of, including a 200-amp electrical panel, a furnace installed in 2015, and a septic system from 2015. The hot water tank is owned, eliminating rental fees. Additionally, the home is fitted with Northstar windows, which come with a lifetime transferable warranty, adding long-term value and energy efficiency. The location is ideal for outdoor enthusiasts, with a dock and boat launch just minutes away at 1914 Henrys Landing, making access to MacLean Lake effortless. The area is rich in natural beauty, with Gibson River Provincial Park just 12km away and Bridgeview Park only 8km from the property. Fishing enthusiasts will love MacLean Lake, known for its largemouth bass, black crappie, and northern pike, making it a great spot for a weekend getaway or a rental property catering to anglers. Nearby, the scenic Black River offers even more outdoor adventure. Whether you choose to complete the renovations for your dream home, flip it for profit, or turn it into a thriving Airbnb, the investment potential here is undeniable. With strong demand for rental properties near lakes and the key upgrades already in place, this home is primed for a lucrative return. Don't miss out on this unique opportunity.
Nestled just a stones throw from the picturesque MacLean Lake, this expansive 2,800 sq. ft. home plus a basement is the perfect canvas for your next investment. Currently in the midst of renovations, this property presents an incredible opportunity for resale or short-term rental income once completed. With lake views without the waterfront taxes, you can enjoy the beauty of the water without the extra cost. The home boasts cathedral ceilings, a solid stone foundation, and two propane fireplaces, adding warmth and character. Essential upgrades have already been taken care of, including a 200-amp electrical panel, a furnace installed in 2015, and a septic system from 2015. The hot water tank is owned, eliminating rental fees. Additionally, the home is fitted with Northstar windows, which come with a lifetime transferable warranty, adding long-term value and energy efficiency. The location is ideal for outdoor enthusiasts, with a dock and boat launch just minutes away at 1914 Henrys Landing, making access to MacLean Lake effortless. The area is rich in natural beauty, with Gibson River Provincial Park just 12km away and Bridgeview Park only 8km from the property. Fishing enthusiasts will love MacLean Lake, known for its largemouth bass, black crappie, and northern pike, making it a great spot for a weekend getaway or a rental property catering to anglers. Nearby, the scenic Black River offers even more outdoor adventure. Whether you choose to complete the renovations for your dream home, flip it for profit, or turn it into a thriving Airbnb, the investment potential here is undeniable. With strong demand for rental properties near lakes and the key upgrades already in place, this home is primed for a lucrative return. Don't miss out on this unique opportunity.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 18.41' x 16.08' | Vinyl Floor |
1 4-Piece Bathroom |
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Rural Severn, Severn is a north GTA neighbourhood notable for its executives. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 79.
Kids Per Family
0.8
kids per family
in the neighbourhood.
36%
of residents are
single and loving it.
36% singles
Severn (36%)
10%
of residents
are renters.
10% renters
Severn (12%)
15%
of residents are
university grads.
15% university grads
Severn (17%)Average Household Income
$108K
is the average household
income in the neighbourhood.
Professions
Sales | 15% |
Trades | 13% |
Government | 7% |
Management | 7% |
Business | 6% |
7%
of residents were
born outside of Canada.
7% immigrants
Severn (7%)1.9% from UK
All-time
0.2% from UK
Recent
Foreign Languages
French | 1% |
German | 1% |
Italian | 1% |
Religions
Christian | 69% |