$365,000
↓ $34,999 from $399,999
Est. payment $1,616/moCalculate yours
11401 Highway 12, Severn, ON L0K 1E0
Coldwater, Severn, ON L0K 1E0
- 2 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of The Agency MLS® S13562012
About this home
MOTIVATED SELLER -Welcome to country living on 1.3 acres! Ideally situated between Orillia and Coldwater, this 2-bedroom, 2-bath home presents an excellent opportunity for investors, contractors, handy buyers, or anyone looking to take on a renovation project. Priced to reflect the work required, this property offers incredible potential for those with the vision to transform it into something special.Filled with natural light, the front living room features beautiful hardwood floors that extend throughout much of the home, providing a solid foundation to build upon. Recent improvements include a new roof (2024), an upgraded propane fuel system replacing the previous oil tanks, and a brand-new hot water tank (2026), allowing you to focus your efforts on bringing the rest of the home back to life. The second bathroom is currently not operational and will require restoration.Outside, the 1.3-acre lot offers exceptional privacy with mature trees, a detached single-car garage, and endless possibilities for gardens, hobbies, or future improvements. Conveniently located just minutes from Orillia and Coldwater, you’ll enjoy easy access to shopping, dining, schools, parks, trails, Highway 12, and Mount St. Louis Moonstone Ski Resort for year-round recreation.If you’re searching for a turnkey home, this property may not be the right fit. However, if you’re looking for a property with tremendous upside and aren’t afraid to roll up your sleeves, this is a fantastic opportunity to build equity and create something truly your own.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Window Unit(s)
- Exterior
- Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 706.69 x 168 Feet
- Parking
- Detached garage · 6 total
- Zoning
- RU
Financial
- Property Taxes
- $2,518 (2026)
Location
- Neighbourhood
- Coldwater
- Cross Street
- Lower big chute rd
- Direction Faces
- East
Listing
- MLS® Number
- S13562012
- Days on Market
- 96
- Listed On
- 2026-07-14
- Possession
- Flexible
- Listed By
- The Agency
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Propane Tank
Property
- Hospital
- Park
- School
- Skiing
Pool
- None
- Included
- Fridge, stove, freezer, washer and dryer in basement
- Excluded
- Personal items
- Rental items
- propane tank
Mortgage calculator
Estimated mortgage payment
$1,616 per month
- Principal and interest
- $1,616
- Property tax
- $210
- Condo fees
- $0
- Estimated monthly cost
- $1,826
Your mortgage
- Mortgage amount
- $292,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $192,842
Cash to close
- Down payment
- $73,000
- Land transfer tax
- $3,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $76,950
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
This photo could not be loaded.