$450,000
Est. payment $1,993/moCalculate yours
1813 Island Road, Severn, ON L0K 1E0
Coldwater, Severn, ON L0K 1E0
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE MLS® S13473494
About this home
Top 5 Reasons You Will Love This Property: 1) Explore over 23 acres of pristine wooded land with direct access to Otter Lake and seamless boating connections to McLean Lake, Gloucester Pool, and the iconic waters of Georgian Bay 2) Enjoy breathtaking, unobstructed lake views that provide a spectacular backdrop for your future home, cottage, or private getaway in every season 3) Rural zoning offers outstanding flexibility to create the lifestyle you envision, whether it’s a custom-built residence, recreational retreat, or peaceful escape immersed in nature 4) Surrounded by mature trees, abundant wildlife, and tranquil natural beauty, this exceptional property delivers the privacy and serenity you’ve been searching for 5) Seller willing to consider a Vendor Take Back Mortgage for a qualifying buyer.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 1165.35 x 1643.25 Acres
- Zoning
- SR3
Financial
- Property Taxes
- $337 (2025)
Location
- Neighbourhood
- Coldwater
- Cross Street
- Bay Rd/Island Rd
- Direction Faces
- South
Listing
- MLS® Number
- S13473494
- Days on Market
- 118
- Listed On
- 2026-06-22
- Possession
- Immediate
- Listed By
- FARIS TEAM REAL ESTATE BROKERAGE
Features
Property
- Lake Access
- Lake/Pond
- Wooded/Treed
Mortgage calculator
Estimated mortgage payment
$1,993 per month
- Principal and interest
- $1,993
- Property tax
- $28
- Condo fees
- $0
- Estimated monthly cost
- $2,021
Your mortgage
- Mortgage amount
- $360,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,751
Cash to close
- Down payment
- $90,000
- Land transfer tax
- $5,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,475
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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