Gurvinder Nokwal REALTOR®
For Sale Vacant Land 948 days on market

$9,900,000

Est. payment $43,835/moCalculate yours

3105 NARROWS Road, Severn, ON L0K 1S0

Rural Severn, Severn, ON L0K 1S0

Map

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

Minimum for this price: $1,980,000 (20%)

Amortization, years

Estimated mortgage payment

$43,835 per month

Principal and interest
$43,835
Property tax
$68
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
Total, before legal fees
$2,213,975
Talk to me about financing

Estimates 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

3105 NARROWS Road, Severn, ON L0K 1S0 Rural Severn, Severn, ON L0K 1S0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$9,900,000 3105 NARROWS Road, Severn, ON L0K 1S0
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