1287 Madison Street, Severn, ON
Property Highlights
Welcome to this remarkable sale of business 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 $299,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 1537.71 x 2226.44 ft lot size
- Convenient public garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
The very popular Captain's Grill Diner of Severn is a classic and long standing restaurant in a truly unique location just off Highway 11 at the gateway to Muskoka, just north of Orillia.Well known by cottagers, skiers, locals, transient workers, and travellers heading north and south. This 1,500 Sq Ft restaurant is licensed for 28 inside plus 12 on the screened-in patio,with parking for 23 and very little nearby competition. Full commercial kitchen with a 8-ft commercial hood and a proven operation boasting great income and impressive margins. Incredibly low rent of only $857 Gross Rent including TMI with 3 + 5 + 5 years remaining. A rare opportunity to take over an established restaurant with extremely low overhead in a strategic Highway 400 location. Please do not go direct or speak to staff or ownership.
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Property Summary
This sale of business located at 1287 Madison Street, Severn is currently for sale and has been available on SousaSells for 27 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1287 Madison Street, Severn is in the Rural Severn neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Severn, Severn.
- •Desirable Sale Of Business architecture in Rural Severn, Severn
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Severn?
If you are looking for a house in Severn or researching Severn real estate for sale, this sale of business at 1287 Madison Street, Severn, ON offers an exceptional opportunity to buy a home in Severn, Ontario. Whether you are a first-time Severn home buyer or comparing active Severn MLS® homes for sale, working with a dedicated Severn buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Severn realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Severn Buyer Budget & Costs
Estimated mortgage: $995*/month*. Estimated Ontario Land Transfer Tax: $2,960. First-time Severn home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Severn
Frequently Asked Questions about 1287 Madison Street, Severn, ON
Q.What is the asking price for 1287 Madison Street, Severn, ON ?
The current listing price for 1287 Madison Street, Severn, ON in Rural Severn, Severn is $299,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 1287 Madison Street, Severn, ON ?
1287 Madison Street, Severn, ON is a Sale Of Business () featuring a basement.
Q.What security features are installed at 1287 Madison Street, Severn, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Rural Severn, Severn
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 1287 Madison Street, Severn, ON L3V 0V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Severn, ON
For a property listed at $299,000 in Severn, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.
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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.
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