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Welcome to this remarkable industrial located in the coveted neighborhood of Rural Severn. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,100,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This is a 9 acre industrial or investment property boasts a shop approximately 3000 sq ft and a separate office building. Shop is heated by propane and office is electric. Fantastic location to set up your business or satellite construction spot. Close to Hwy 400 for easy access and Quarry Road is a truck haul route. Shop has two separate bays each approximately 30 x 60 ft along with storage areas, bath and partial 2nd floor storage area. Office has an open reception area, 3 other rooms and bath. The shop has its own well and septic and the office has its own septic. Some permitted uses (to be verified) are building supply, farm supply, greenhouse, marina sales, motor vehicle service station, self storage and wholesaling uses to name a few. Many opportunities are waiting for you. Shop is three phase electrical; step down transformer; built in the 1970's. Shop has 600 amp 3 phase power. Office has 100 amp electrical; built in the 1980's. Boundary survey available / no building location survey. Clear ceiling height is estimated.
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Data-driven valuation for 2565 QUARRY Road, Severn, ON L0K 2C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
About Purchasing a Home in Severn, ON
For a property listed at $1,100,000 in Severn, the legal minimum down payment is $220,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,475 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.