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Property Description
Introducing a charming lakeside retreat along the serene Historic Trent Severn Waterway,1.5hrs north of Toronto. This fully furnished,updated 3-season cottage offers a perfect blend of relaxation & recreation. Enjoy lazy afternoons on the generous deck watching boats drift by, then head to your private dock for swimming & boating in nearby quiet bays.The sunlit kitchen boasts dark maple cabinetry & SS appliances. Invite guests to stay in the cozy guest bunkie with its own private deck. Outdoor enthusiasts will love the proximity to hiking trails, snowmobile routes, fishing spots. Coldwater's shops & festivals are just 25 minutes away.Updates:Bunkie:2020, New Kitchen:2018, New Floors & Drywall:2018, New Electrical:2018, NapoleonWoodStove:2018, Roof:2016, Windows:2015, Septic Replaced:2003. Buyer to complete due diligence on turning property into 4 season usage. It is suggested a heated water&septic line be installed and added insulation underneath cottage to be able to enjoy year round!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-31 | 2023-10-28 | 150 | $749,000 | - | Expired |
| 2023-04-14 | 2023-05-26 | 42 | $849,000 | - | Terminated |
| 2023-04-14 | 2023-05-26 | 42 | $849,000 | - | Terminated |
| 2022-07-29 | 2022-09-29 | 62 | $929,000 | - | Expired |
Property Features
Grnbelt/Conserv, Lake Access, Marina, River/Stream, Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
95' x 322'
Acreage
.50-1.99
Lot Irregularities
94.75X322.12X92.52X328.35
Fronting
West
Taxes
$2,627 (2023)
Basement
None
Exterior
Wood
Heat Type
Other
Heat Source
Wood
Air Conditioning
Window Unit
Water
Other
Parking Spaces
7
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 9.84' x 11.58' |
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Severn Market Statistics
Severn Price Trend
6881 Upper Big Chute Rd is a 2-bedroom 1-bathroom home listed for sale at $699,900, which is $119,150 (20.5%) higher than the average sold price of $580,750 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom home in Severn declined by $195,916 (25.2%) compared to the previous 30 day period (February 26 - March 26) and up $29,500 (5.4%) from the same time one year ago.Inventory Change
There were 6 2-bedroom homes listed in Severn over the last 30 days (March 27 - April 25), which is up 100.0% compared with the previous 30 day period (February 26 - March 26) and down 45.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Severn typically sold ($14,150) (2.4%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,550 decrease compared to the previous 30 day period (February 26 - March 26) and $2,575 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 2-bedroom homes in Severn over the last 30 days (March 27 - April 25) stood at 33.3%, down from 100.0% over the previous 30 days (February 26 - March 26) and down from 36.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Severn stood at 27 days when successfully sold over the last 30 days (March 27 - April 25), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
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