Sold for:Sold Jul 7, 2025
$149,900

2502 Channel Point Lane

Severn (Washago), ON L0K 2B0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 2502 Channel Point Lane, Severn, Washago

2025-05-23
2025-07-07
Sold
Price
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MLS#
s12168060

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2502 Channel Point Lane, Severn, Washago

Welcome to your Affordable slice of lakeside paradise! This cozy land-leased cottage offers over 200 ft of waterfront, perfect for fishing, swimming, paddling, or simply soaking in the views. Enjoy unforgettable west-facing sunsets. This amazing peninsula lot provides you with a 3 bedroom & 1 bath seasonal cottage. Easy access to Lock 42 provides you with great boating options throughout the Trent-Severn Waterway. Start creating your memories today! Annual Land Lease is $11,756.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,154
Land Transfer Tax Fee
$1,224

Basement Type
None

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Clear View, Lake Access, Waterfront, Wooded/Treed
Other Structures
Out Buildings

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Landlease

Lot

Lot Front
208.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
All furniture included

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Wood
Heat Type
Other
Air Conditioning
None
Water
Other
Sewers
Holding Tank

Bedrooms
3
Washrooms
1
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Sunroom—
    Main level

Washrooms

  • 4-piece, Main

Municipality
Severn
Neighbourhood
Washago
Main cross streets
Canal Rd./Norton Rd.
Directions
HWY 11 NORTH TO CANAL RD W TO RIGHT ON NORTON, AT END HARD LEFT THROUGH CLEARING (two large trees) TURN RIGHT TO COTTAGE END
Waterfront
Direct

MLS® number
S12168060
Data source
Toronto Regional Real Estate Board
Status change
2025-07-07
Listed on
2025-05-23
Days on market
45 days
Possession type
Immediate
Co-op commission
2.5
Seller
Listed by
OUR NEIGHBOURHOOD REALTY INC.

Home Market Value

Current home valuation for 2502 Channel Point Lane, Severn, Washago, Severn, ON. Listed for $149,900

HOMEH Estimate

?

$218,914

Estimated Sales Range

?

$190,667 - $247,161

HOMEH Estimate for 2502 Channel Point Lane, Severn, Washago

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$218,914Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Severn, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$7,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$5,696$4,182$3,568$0
=Total mortgage
$148,101$139,092$130,983$119,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$723monthly$679monthly$640monthly$586monthly
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Land Transfer Tax

Provincial

$1,224

Total Land Transfer Tax

$1,224

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