1 / 49
DetachedListed 92 days ago

$365,000

11401 Highway 12, Severn, ON L0K 1E0

Coldwater · Severn · L0K 1E0

Listing brokerage: The Agency

Beds
2
Baths
2
Sq ft
700–1100
Parking
6
Virtual tour

Monthly costs

Property taxes

$210/mo

$2,518 a year (2026)

The home

Lot size
706.7 × 168 ft
Style
1 1/2 Storey
Basement
Unfinished
Parking
6 spots · Detached
Faces
East
Age
51-99 years
Heating · cooling
Forced Air, Window Unit(s)
Possession
Flexible

About this home

MOTIVATED SELLER -Welcome to country living on 1.3 acres! Ideally situated between Orillia and Coldwater, this 2-bedroom, 2-bath home presents an excellent opportunity for investors, contractors, handy buyers, or anyone looking to take on a renovation project. Priced to reflect the work required, this property offers incredible potential for those with the vision to transform it into something special.Filled with natural light, the front living room features beautiful hardwood floors that extend throughout much of the home, providing a solid foundation to build upon. Recent improvements include a new roof (2024), an upgraded propane fuel system replacing the previous oil tanks, and a brand-new hot water tank (2026), allowing you to focus your efforts on bringing the rest of the home back to life. The second bathroom is currently not operational and will require restoration.Outside, the 1.3-acre lot offers exceptional privacy with mature trees, a detached single-car garage, and endless possibilities for gardens, hobbies, or future improvements. Conveniently located just minutes from Orillia and Coldwater, you'll enjoy easy access to shopping, dining, schools, parks, trails, Highway 12, and Mount St. Louis Moonstone Ski Resort for year-round recreation.If you're searching for a turnkey home, this property may not be the right fit. However, if you're looking for a property with tremendous upside and aren't afraid to roll up your sleeves, this is a fantastic opportunity to build equity and create something truly your own.

All details23 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
12
Den / family room
Yes
Size
700-1100 sq ft

Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Propane Tank

Heating & Cooling

Heat source
Propane

Parking

Covered spaces
1

Features

  • Private

Exterior & Lot

Exterior
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior features

  • Deck
  • Lighting
  • Year Round Living

Utilities

Sewer
Septic

Taxes & Fees

HST
Included In

Listing

MLS® number
S13562012
Type
Detached
Transaction
For Sale
Neighbourhood
Coldwater
Cross streets
Lower big chute rd
Original price
$399,999
Rooms · 2Washroom ×2
  • 2 × 3-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

11401 Highway 12, Severn, ON L0K 1E0 · Near Lower big chute rd

Monthly cost

Estimated monthly cost

$1,826/mo

Mortgage
$1,616
Property tax
$210
Down payment$73,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$78,824

$73,000 down + $5,824 to $7,074 in closing costs

Ontario land transfer tax
$3,950
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$124

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$365,000

Tour in person or by video

Book a viewing