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3414 Lee Avenue

3414 Lee Avenue

Severn, ON

5 bed • 2 bath • 6,588 sqft • Investment • 180 days on market

$777,000

2657 sq ft of total living space near the lake. 3 + 2 bedrooms raised bungalow, so tall that it looks like a two-storey and provides large windows for the basement. Upstairs: a huge living and dining room, modern kitchen with walk out to fenced yard, 3 bedrooms and 4 pc bath. Downstairs: 2 bedrooms, 4 pc bath, same modern kitchen with a dishwasher, Walk-out to yard. A solid construction, ICF foundation, build in 2008 as a duplex, with multiple entries for each units, Central A/C, carpet free. Two completely separated units, upstairs and downstairs, only sharing the laundry. Live upstairs and let the rent from the basement apartment to pay your mortgage .Short walk to Severn Shores Public School and a community beach with a small annual fee, easy access to Hwy 11. House currently tenanted, showings for upper part only. Pictures digitally modified to remove tenant's personal items. ***Seller's incentive*** - seller will cover the cost of labour to renovate the upper unit, buyer will pay for materials. Seller can help to coordinate the purchase of materials.

Listing Details

Taxes (2025)
$2,846
Listed
February 26, 2026

Price History

Listing history

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Property

Lot Size
50 x 132 Feet

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Hwy 11/ Bayou
Zoning
SR2
Parcel Number
586150107
Possession
Flexible

Commercial

Business Type
Apts - 2 To 5 Units
Occupancy
Tenant

Included

Inclusions
2 fridges, 2 stoves, 2 dishwashers, washer, coin-operated dryer

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

Commercial in Severn · last 12 months

Median sold price
$725,000
Homes sold
236
Median days on market
30
Sale-to-list price
94.9%

Based on 236 recorded sales of commercial properties in Severn over the last 12 months.

Listed by

REMAX YOUR COMMUNITY REALTY

Walk Score

19

Walk

32

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
6,588 sq ft
Price per sq ft
$117.94
Annual property tax
$2,846
Tax per sq ft
$0.43

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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