8186 Provincial Hwy 11 Rd

FOR SALE
$600,000
8186 Provincial Hwy 11 Rd, Severn
8186 Provincial Hwy 11 Rd
8186 Provincial Hwy 11 Rd
8186 Provincial Hwy 11 Rd
8186 Provincial Hwy 11 Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
S5648413
MLSID
Contact Us
Property Description
Great Investment Opportunity To Tear Down And Rebuild Your New Home On Hwy 11, Close Proximity To Orillia In Rapidly Growing Area. Small Home Needs Extensive Repair And Tlc. Parking For More Than 20 Cars. Loads Of Potential For The Future. Large Steel Barn/Shed Excellent For Storage Or Workshop 32X44 Feet.
Extras
Property Been Sold As Is. Seller Makes No Warranties On Any Chattels Or Fixtures On The Property. Buyer And Buyers Agent To Verify All Measurements And Condition Of Any Chattels Or Fixtures. Property Has Been Tenanted For Many Years.
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
150' x 621'
Lot Irregularities
2.13 Ac Irreg As Per Mpac
Fronting
West
Taxes
$1,239 (2021)
Basement
None
Exterior
Vinyl Siding, Wood
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
21
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround9.97' x 19.49'
MudroomGround6.99' x 6.99'
BrGround9.97' x 9.97'
2nd BrGround8.50' x 8.50'
KitchenGround9.97' x 15.98'
LaundryGround9.97' x 8.50'
Severn Market Statistics
Severn Price Trend
8186 Provincial Hwy 11 Rd is a 2-bedroom 1-bathroom home listed for sale at $600,000, which is $95,000 (18.8 %) higher than the average sold price of $505,000 in the last 30 days (May 27 - June 25). During the last 30 days the average sold price for a 2 bedroom home in Severn declined by $495,451 (49.5 %) compared to the previous 30 day period (April 27 - May 26) and down $545,000 (51.9 %) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Severn over the last 30 days (May 27 - June 25), which is down 41.7 % compared with the previous 30 day period (April 27 - May 26) and down 0.0 % compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Severn typically sold $8,500 (1.7 %) above asking price over the last 30 days (May 27 - June 25), which represents a $54,668 decrease compared to the previous 30 day period (April 27 - May 26) and $51,000 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 (May 27 - June 25) stood at 28.6 %, down from 50.0 % over the previous 30 days (April 27 - May 26) and up from 14.3 % 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 20 days when successfully sold over the last 30 days (May 27 - June 25), compared to 19 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty, Brokerage
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