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Property Description
WOW, BACK ON THE MARKET!! Seller is motivated. Great opportunity to purchase a commercial property zoned C4 with residential, minutes from Orillia. Ideal location with direct views from main arterial Highway 11 for great exposure of your business. Thousands of travelers daily along this corridor heading north to cottage country and regions beyond. Move your existing business for increased marketing exposure and revenue growth while renting out the residential portion to help pay the mortgage Or start your new business and live on site. Convenient easy on / easy off Highway 11 access for your business customers' and deliveries. To describe, the existing Bungalow is a 3 bedroom, 1 bath separate entrance unit to the left hand side of the building. The commercial area, which is the right hand side of the building, was recently a previous tenant's DIY project creating a 2nd residential rental unit. Building has been a rental property for several years. Commercial square footage, being on the right side of the building, the Business entrance can be re-created at the front of the building or remain where is, currently on the right side along driveway. Another possibility, with the high need of residential rental units in the region, new Owner could ideally, create 2 residential rental units. Seller having not lived on the property for many years, makes no guarantees or warrantees, takes no responsibility of the property condition or DIY attempts. Therefore the Property being sold "as is, where is". Simply, this property is ideal for the next Owner with a vision, a business, as an investment, or to create a home / 2 units.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-06 | 2024-03-15 | 161 | $599,000 | - | Terminated |
Property Features
Golf, Hospital, Lake/Pond, Library, Marina, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 265'
Acreage
.50-1.99
Lot Irregularities
265.39 Ftx50.02 Ftx50.02Ftx234.90Ftx80.4
Fronting
West
Taxes
$5,396 (2023)
Basement
Crawl Space
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 4.00' x 5.58' | 2 Pc Bath |
| Bathroom | Main | 7.35' x 12.17' | 4 Pc Bath |
| Br | Main | 10.24' x 10.40' | |
| Prim Bdrm | Main | 11.32' x 12.17' | |
| 2nd Br | Main | 10.24' x 11.25' | |
| Other | Main | 7.41' x 14.24' | |
| Dining | Main | 11.32' x 12.66' | |
| Family | Main | 16.01' x 19.00' | |
| Kitchen | Main | 12.24' x 13.16' | |
| Kitchen | Main | 10.01' x 11.68' | |
| Living | Main | 13.85' x 17.42' | |
| Laundry | Main | 11.15' x 11.15' |
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Severn Market Statistics
Severn Price Trend
3783 Campbell Rd is a 4-bedroom 3-bathroom home listed for sale at $599,000, which is $493,797 (45.2%) lower than the average sold price of $1,092,797 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 4 bedroom home in Severn increased by $204,797 (23.1%) compared to the previous 30 day period (March 9 - April 7) and up $246,697 (29.2%) from the same time one year ago.Inventory Change
There were 17 4-bedroom homes listed in Severn over the last 30 days (April 8 - May 7), which is up 88.9% compared with the previous 30 day period (March 9 - April 7) and up 88.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Severn typically sold ($47,350) (4.3%) below asking price over the last 30 days (April 8 - May 7), which represents a $36,350 decrease compared to the previous 30 day period (March 9 - April 7) and $7,450 less 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 4-bedroom homes in Severn over the last 30 days (April 8 - May 7) stood at 23.5%, up from 11.1% over the previous 30 days (March 9 - April 7) and down from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Severn stood at 32 days when successfully sold over the last 30 days (April 8 - May 7), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 B.J. Roth Realty Ltd.
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Top 5 Reasons You Will Love This Home: 1) Exquisite year round home or cottage in Cumberland Beach, perfectly positioned just a short walk from the secluded private beach on Lake Couchiching, offering a serene retreat amidst natural beauty 2) Distinctive layout throughout the home highlighted by a contemporary white kitchen seamlessly integrated with open-concept living and dining areas with a soaring vaulted ceiling and expansive windows flooding the space with natural light 3) Embrace outdoor living at its finest on the generous lot, featuring a fully fenced backyard complete with a generously sized patio and deck, providing a private oasis for relaxation, entertaining, and enjoying the tranquil surroundings 4) Convenience and peace of mind offered by municipal water, sewers, and natural gas services, along with a Google nest smart home within the home 5) Added benefit from seamless connectivity with easy access to Highway 11, catering to commuters and offering convenient travel to nearby amenities. Age 73. Visit our website for more detailed information.
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Situated just 5 minutes from Coldwater and under 20 minutes to Midland, this fully-updated family home is nestled on a 2.9 acre lot with mature trees, gardens, and a peaceful creek. Find modern finishes throughout each room, highlighted by pristine flooring, calming paint tones, and elegant light fixtures paired with plenty of pot lights. The remodeled kitchen boasts a full suite of striking black appliances, a subway tile backsplash, undermount stainless steel double sink, and a peninsula topped with a butcher block countertop. Just steps away, share meals in the dining room lit with a modern chandelier, and relax in the comfort of the living room next to the warmth of the fireplace. Modern updates continue throughout the three family bedrooms, as well as the beautifully-styled 4-piece main bathroom, complete with black fixtures and a deep soaker tub. Find daily convenience in the 2-piece bathroom, as well as the mudroom and spacious laundry room. Efficient warmth comes from the propane furnace or the recently installed propane fireplace. Take in nature from the sprawling property as you garden, enjoy the greenspace, and host gatherings throughout the summer. An oversized driveway leaves ample parking for guests, RV's and boats, while the detached garage is ready to be transformed into a workshop, home gym, or can be utilized for additional storage. The is the definition of a turn-key property.
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