$9,900,000
Est. payment $43,835/moCalculate yours
3105 NARROWS Road, Severn, ON L0K 1S0
Rural Severn, Severn, ON L0K 1S0
Listing courtesy of Sotheby's International Realty Canada MLS® S10905515
About this home
Here is a chance to own 119 acres with frontage on Hodgins Road and direct visibility on highway 400. The highway frontage is in an area of other Commercial properties, but this property would need to go through a rezoning to be used commercially as it is currently zoned Rural with a portion being Environmentally Protected. There is also the possibility that the back portion of the property could be rezoned into Residential allowing for the subdivision into multiple residential estate properties. The property is well forested with a rolling landscape, large pine trees and granite outcroppings. Located adjacent to Highway 400 and only 1.5 hours from the G.T.A.
Property details
Overview
- Property Type
- Vacant Land
- Style
- Unknown
- For
- For Sale
- Status
- Extension
Building & Systems
- Heating
- Unknown (Unknown)
- Cooling
- Unknown
- Water
- None
- Sewer
- None
Lot & Parking
- Lot Size
- 100 + acres
- Parking
- Unknown garage
- Zoning
- RU H14 EP
Financial
- Property Taxes
- $820 (2024)
Location
- Neighbourhood
- Rural Severn
- Cross Street
- Highway 400 to exit 153, then Hodgins Rd to 3105.
- Direction Faces
- Unknown
Listing
- MLS® Number
- S10905515
- Days on Market
- 948
- Listed On
- 2024-03-14
- Possession
- Flexible
- Listed By
- Sotheby's International Realty Canada
Features
Interior
- None
Property
- Lake Access
- Marina
- School
Pool
- None
- Included
- none
- Excluded
- None
Mortgage calculator
Estimated mortgage payment
$43,835 per month
- Principal and interest
- $43,835
- Property tax
- $68
- Condo fees
- $0
- Estimated monthly cost
- $43,903
Your mortgage
- Mortgage amount
- $7,920,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $5,230,517
Cash to close
- Down payment
- $1,980,000
- Land transfer tax
- $233,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $2,213,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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