Lot 1 Torpitt Road, Severn, ON P0E 1N0

For Sale 3 days on Market MLS® S13467234

Asking Price

$648,000

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Overview

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Save 27% on your property taxes! This level building lot on Sparrow Lake is just one and a half hours north of Toronto. Sparrow Lake is literally the gateway to Muskoka. However, this property is located in the Township of Severn, and that means your property taxes will be much lower than they are right across the lake in the Town of Gravenhurst. But that is far from the only reason to love this waterfront lot. Sparrow Lake is part of the Trent Severn waterway, a 386 kilometer route of canals, rivers, locks and lakes that connect Lake Ontario to Lake Huron via Georgian Bay This lot measures 2.8 acres, with approximately 258 feet of frontage on Sparrow Lake. This is a great opportunity to create a family retreat of unmatched privacy and beauty, close to marinas, resorts and dining, it is hidden gem at the gateway to Muskoka and the Great Lakes. A wonderful family retreat and a boater's paradise.

Lot Size

2.5 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CitySevern

Postal CodeP0E1N0

Lot Dimensions258.00 × 424.00 ft

Utilities & Services

Heat Source—

Water SourceNot specified

SewerSeptic Tank

Financial Information

List Price$648,000

Annual Taxes$1,800 (2026)

Days on Market3

MLS® S13467234 • Listed by RE/MAX HALLMARK CHAY REALTY

Lot 1 Torpitt Road, Severn, ON P0E 1N0

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Purchase Calculator

Home Price

$648,000.00

Location

Down Payment

$136,080.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

Lot 1 Torpitt Road, Severn, ON P0E 1N0

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