Nestled just a stones throw from the picturesque MacLean Lake, this expansive 2,800 sq. ft. home plus a basement is the perfect canvas for your next investment. Currently in the midst of renovations, this property presents an incredible opportunity for resale or short-term rental income once completed. With lake views without the waterfront taxes, you can enjoy the beauty of the water without the extra cost. The home boasts cathedral ceilings, a solid stone foundation, and two propane fireplaces, adding warmth and character. Essential upgrades have already been taken care of, including a 200-amp electrical panel, a furnace installed in 2015, and a septic system from 2015. The hot water tank is owned, eliminating rental fees. Additionally, the home is fitted with Northstar windows, which come with a lifetime transferable warranty, adding long-term value and energy efficiency. The location is ideal for outdoor enthusiasts, with a dock and boat launch just minutes away at 1914 Henrys Landing, making access to MacLean Lake effortless. The area is rich in natural beauty, with Gibson River Provincial Park just 12km away and Bridgeview Park only 8km from the property. Fishing enthusiasts will love MacLean Lake, known for its largemouth bass, black crappie, and northern pike, making it a great spot for a weekend getaway or a rental property catering to anglers. Nearby, the scenic Black River offers even more outdoor adventure. Whether you choose to complete the renovations for your dream home, flip it for profit, or turn it into a thriving Airbnb, the investment potential here is undeniable. With strong demand for rental properties near lakes and the key upgrades already in place, this home is primed for a lucrative return. Don't miss out on this unique opportunity.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2500-3000
Depth:
267'½"81.4 m
Frontage:
248'11"75.9 m
Direction Faces:
East
Bedrooms:
4
Bathrooms:
1.0
Water supply:
Well
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
10
Fractional Ownership:
No
Zoning:
R1
Heating type:
Forced Air
Heating Fuel:
Propane
Fireplaces:
2
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Partial Basement
Fireplace Features:
Propane
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2.0
Parking Features:
Private Double
Parking Spaces:
8
Total Parking Spaces:
10.0
Family Room:
Yes
Possession Details:
Felexible
Pool:
Other
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$480,000
Assessment Year:
2025
Taxes:
$4,475 /
2025
Assessment:
$480,000.00 /
2025
Severn
Rural Severn
Simcoe
Water Heater, Sump Pump, Storage, Propane Tank, Central Vacuum
Deck, Porch Enclosed, Year Round Living
Propane Tanks
Fridge, Stove, Washer, Dryer and building materials on property
Data was last updated August 1, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$1,149,450
Min list price:
$249,900
Max list price:
$6,780,000
Avg days on market:
49
Min days on market:
1
Max days on market:
666
These statistics are generated based on the current listing's property type
and located in
Rural Severn. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.