2488 Irish Line, Severn

$799,000
2488 Irish Line

$799,000

New
7d
Detached1 1/2 Storey

2488 Irish Line, Severn

Total Monthly Obligation $3,820

Beds
3
Baths
2
Park
8
Sqft
1100-1500
DOM
7d
Yield
3.8%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-S14085028
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-738.99 × 4007.04 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,660 (2026)
Parking-8 - Detached
Basement-Crawl Space, Unfinished
Heating-Heat Pump (Electric)
Brokerage-Royal LePage In Touch Realty
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Other
Roof-Shingles
Foundation-Block, Stone
Sewer-Septic
Possession-to be determined
Neighbourhood-Rural Severn
Title-Residential Freehold

No agent assigned

ACRES OF COUNTRY LIVING, TRAILS, A POND & ROOM TO ROAM! Discover the possibilities of owning acres of natural beauty in the Township of Severn, w land extending from Irish Line to Fell Line! This expansive property features a combination of cleared acreage, wooded surroundings, established trails, a pond and abundant wildlife. Whether you're looking for recreational acreage, hobby farm potential, hunting grounds, ATV or side-by-side adventures, or an opportunity to create your own country retreat, this property offers plenty of room to explore & enjoy the outdoors throughout all four seasons. THE DETAILS An existing 3-bedroom, 2-bathroom home is situated close to Irish Line & is currently occupied by the seller. The older residence offers an opportunity for those considering renovations, improvements or the possibility of building a new home, subject to municipal approvals. A detached oversized garage w/electricity provides additional space for vehicles, equipment and storage. The property also includes a 200 ft drilled well & septic system. LIFE IN SEVERN Experience the best of country living with four seasons of outdoor adventure right at your doorstep! Located just 15 km from the charming village of Coldwater, where you'll find local shops, restaurants, groceries & everyday conveniences. Orillia and Midland are both within a 30-minute drive. Outdoor enthusiasts will appreciate nearby OFSC snowmobile trails and an extensive network of ATV trails to explore throughout the region. Love the water? The MacLean Lake boat launch is just minutes away, offering boating opportunities through Gloucester Pool and the Trent-Severn Waterway, including Big Chute Marine Railway Lock 44, Port Severn Lock 45 and Georgian Bay. Enjoy the freedom of country living w/access to boating, fishing, snowmobiling, ATV adventures and nature in every season. All this just 1.5 hours, more or less, from the GTA! A wonderful location for country living or creating your own rural retreat.

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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,820/mo
Mortgage $3,223
Monthly Loss $2,971
Principal$848
Interest$2,375
Property Tax$222
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2488 Irish Line

Time

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