$350,000Asking Price
Small Home & a Beautiful Spot :) Possibly this 350k value investment could be turned into 700-800k in a few short months. This property features lots (please check out our brochure below). It's located almost on Sparrow Lake & the Trent Severn River. Great opportunity & potential! An exceptional residence, cottage, recreational spot or amazing development property for a buyer. The river is only about a stones throw away and the lake is not much farther. It has a great working well, septic tank & bed. The yellow cabin (formerly a garage) is a bachelor suite with a kitchenette & small washroom featuring a propane furnace along with a wood stove. The old School House has a wood stove-it has been used as a cottage in the past. The bunker/office shed (brown in colour) is insulated to keep the heat in during the colder seasons. There is also an additional tool shed which is also on the property (fairly new). Possibly if someone added 10k -15k in renovations and a bit of work to upgrade on the old schoolhouse building the property would be upgraded 60k in value (neat things could be done with this). In addition as shared above, if someone added a simple addition onto the bachelor cabin the property could greatly increase in value. This may be easily achieved since the infrastructure for the well, septic, electrical & plumbing are already there along with the space. - *For Additional Property Details Click The Brochure Icon Below*
Small Home & a Beautiful Spot :) Possibly this 350k value investment could be turned into 700-800k in a few short months. This property features lots (please check out our brochure below). It's located almost on Sparrow Lake & the Trent Severn River. Great opportunity & potential! An exceptional residence, cottage, recreational spot or amazing development property for a buyer. The river is only about a stones throw away and the lake is not much farther. It has a great working well, septic tank & bed. The yellow cabin (formerly a garage) is a bachelor suite with a kitchenette & small washroom featuring a propane furnace along with a wood stove. The old School House has a wood stove-it has been used as a cottage in the past. The bunker/office shed (brown in colour) is insulated to keep the heat in during the colder seasons. There is also an additional tool shed which is also on the property (fairly new). Possibly if someone added 10k -15k in renovations and a bit of work to upgrade on the old schoolhouse building the property would be upgraded 60k in value (neat things could be done with this). In addition as shared above, if someone added a simple addition onto the bachelor cabin the property could greatly increase in value. This may be easily achieved since the infrastructure for the well, septic, electrical & plumbing are already there along with the space. - *For Additional Property Details Click The Brochure Icon Below*
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 3-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% |