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3105 NARROWS Road

3105 NARROWS Road

Severn, ON

Vacant Land • 893 days on market

$9,900,000

Here is a chance to own 119 acres with frontage on Hodgins Road and direct visibility on highway 400. The highway frontage is in an area of other Commercial properties, but this property would need to go through a rezoning to be used commercially as it is currently zoned Rural with a portion being Environmentally Protected. There is also the possibility that the back portion of the property could be rezoned into Residential allowing for the subdivision into multiple residential estate properties. The property is well forested with a rolling landscape, large pine trees and granite outcroppings. Located adjacent to Highway 400 and only 1.5 hours from the G.T.A.

Listing Details

Taxes (2024)
$820
Listed
March 14, 2024

Price History

Property

Style
Unknown
Interior
None

Utilities

Sewer
None
Heat Source
Unknown

Location & Legal

Cross Street
Highway 400 to exit 153, then Hodgins Rd to 3105.
Zoning
RU H14 EP
Parcel Number
585970170

Commercial

Occupancy
Vacant

Included

Inclusions
none
Exclusions
None

Community

Postal area L0K

Population
38,386
Private dwellings
22,207
Median age
50.8
Average household size
2.4
Median household income
$88,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Severn · last 12 months

Median sold price
$725,000
Homes sold
234
Median days on market
30
Sale-to-list price
94.9%

Based on 234 recorded sales of residential freehold properties in Severn over the last 12 months.

Listed by

Sotheby's International Realty Canada

Walk Score

0

Walk

28

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$1,980,000

Estimated Monthly Payment

$48,636

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $48,636/mo (20% down, 5.5%)

Taxes: $68/mo · Insurance: $2,475/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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