3414 Lee Avenue

Severn, ON

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

$689,000

LEGAL Duplex *** 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. Pictures digitally modified to remove tenant's personal items.

Listing Details

Taxes (2025): $2,846
Originally Listed: $599,000
Listed: March 12, 2026

Price History

Listing history

Property

Lot Size: 50 x 132 Feet

Parking

Garage: None

Utilities

Heat Source: Gas

Location & Legal

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

Commercial

Business Type: Apts - 2 To 5 Units

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: $713,750
Homes sold: 234
Median days on market: 30
Sale-to-list price: 94.8%

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

Listed by

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Walk Score

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Location

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Commercial figures

Building area: 6,588 sq ft
Price per sq ft: $104.58
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.

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