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Property Description
Discover the charm of this century farmhouse, nestled in the heart of Marchmont on over an acre of lush, scenic land. Situated beside the tranquil North River where the water flows from the old mill pond, this three-bedroom, one-bathroom home offers a unique canvas for those with a vision to restore its historic beauty. The property includes two expansive detached garages, each 32'x24' with dedicated electrical, perfect for storage, workshop space, or creative projects. Just minutes from Bass Lake and a short drive to Orillia, this location provides a perfect blend of serene country living and convenient access to town amenities. Embrace the potential of this rare find and make it your own slice of countryside paradise in the sought-after community of Marchmont.
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Property Features
Ravine
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
135' x 295'
Acreage
.50-1.99
Fronting
South
Taxes
$2,853 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.93' x 13.16' | |
Dining | Main | 14.93' x 13.16' | |
Family | Main | 14.93' x 11.32' | |
Br | 2nd | 12.50' x 11.32' | |
2nd Br | 2nd | 11.42' x 12.24' | |
3rd Br | 2nd | 12.66' x 9.15' | |
Bathroom | 2nd | 5.48' x 8.86' | , 3 Pc Bath |
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Severn Market Statistics
Severn Price Trend
1961 Marchmont Rd is a 3-bedroom 1-bathroom home listed for sale at $675,000, which is $316,842 (31.9%) lower than the average sold price of $991,842 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Severn declined by $201,737 (16.9%) compared to the previous 30 day period (September 21 - October 20) and up $219,842 (28.5%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Severn over the last 30 days (October 21 - November 19), which is down 27.8% compared with the previous 30 day period (September 21 - October 20) and down 27.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($39,914) (4.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $32,015 increase compared to the previous 30 day period (September 21 - October 20) and ($56,560) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Severn over the last 30 days (October 21 - November 19) stood at 53.8%, down from 61.1% over the previous 30 days (September 21 - October 20) and up from 27.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Severn stood at 118 days when successfully sold over the last 30 days (October 21 - November 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Experience Realty
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