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Nestled just a stones throw from the picturesque MacLean Lake, this expansive 2,800 sq. ft. home plus a basement is the perfect canvas for your next investment. Currently in the midst of renovations, this property presents an incredible opportunity for resale or short-term rental income once completed. With lake views without the waterfront taxes, you can enjoy the beauty of the water without the extra cost. The home boasts cathedral ceilings, a solid stone foundation, and two propane fireplaces, adding warmth and character. Essential upgrades have already been taken care of, including a 200-amp electrical panel, a furnace installed in 2015, and a septic system from 2017. The hot water tank is owned, eliminating rental fees. Additionally, the home is fitted with Northstar windows, which come with a lifetime transferable warranty, adding long-term value and energy efficiency. The location is ideal for outdoor enthusiasts, with a dock and boat launch just minutes away at 1914 Henrys Landing, making access to MacLean Lake effortless. The area is rich in natural beauty, with Gibson River Provincial Park just 12km away and Bridgeview Park only 8km from the property. Fishing enthusiasts will love MacLean Lake, known for its largemouth bass, black crappie, and northern pike, making it a great spot for a weekend getaway or a rental property catering to anglers. Nearby, the scenic Black River offers even more outdoor adventure. Whether you choose to complete the renovations for your dream home, flip it for profit, or turn it into a thriving Airbnb, the investment potential here is undeniable. With strong demand for rental properties near lakes and the key upgrades already in place, this home is primed for a lucrative return. Don't miss out on this unique opportunity. ** De-clutter software used in several pictures**
Fridge, Stove, Washer, Dryer and building materials on property
City: Severn
Neighborhood: Rural Severn
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 7, 2023 | 33 | $749,900 | N/A | Terminated | S6796742 |
Purchase Price | $669000 |
Down Payment | $133800 |
Mortgage Insurance | $0 |
Total Mortgage | $535200 |
Mortgage Payment | $3298 |
Property Taxes | $373 |
Maintenance Fees | $0 |
Monthly Payment | $3671 |
Sold Comparables homes near 1894 Henry's Landing N/A, Severn
Located at 1894 Henry's Landing N/A , this Severn house is available for sale. This property was listed for $669,000 on Tue Apr 01 2025. This house's size is 2500-3000 Sqft. It has 4 bedrooms and 1 bathroom. The property includes the following rooms: Kitchen, Dining, Family, Living, Loft, Primary, 2nd Br, 3rd Br, 4th Br. This property comes with 10 parking spots. 1894 Henry's Landing N/A, Severn is situated in the Rural Severn neighbourhood.
MLS#: S12054661 · $669,000 · 4 bedroom house in Rural Severn, Severn