Single Family Residence sold at 390 Island 50, Port Severn, ON, L0K 1S0 - Georgian Bay - MLS: 40438858

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390 Island 50

Port Severn, ON, L0K 1S0 - Georgian Bay

$650,000$000000

Neighbourhood

Georgian Bay
Major Intersection

Listed Since: 1055 day(s)
Last update: 1009 day(s) ago

Overview

Property Type

Single Family Residence, Cottage
Bedrooms

2 + 0
Bathrooms

2
Basement

None
Kitchen

n/a
Total Parking

n/a
Lot Size

338.00x0 (Acres)
Taxes

$3,500.00 (2023)
Type

Freehold

Property Description

Property description for 390 Island 50, Port Severn

Six Mile Lake - Original Boat Access Gem sitting on 1.15 acres along the West Shore of Island 50 on Six Mile Lake with 338ft of good, swimmable waterfront with two floating docks, a Dry Boathouse and Bunkie for the kids! The Log Cottage was built in 1956 and is perfectly nestled in the trees with a large deck, open concept kitchen, living and dining area, porch/utility rm off the kitchen, 3pc bathroom, two sizeable bedrooms plus a 2pc ensuite. Pride of Ownership is evident and the cottage has some newer windows. This sale also includes a separate vacant lot next door - size is included in total waterfront/acreage. Quick, easy 1 minutes boat ride to the Marina, just 1 minute off the 400 highway and 1.5 hours from the GTA. If you're thinking of getting into the cottage market this is a great starter with tons of potential.

Listed by Royal Lepage In Touch Realty Inc., Brokerage, Coldwater

Property details

MLS #

40438858
Sq. Ft

665
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

Wood Siding
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Pillar/Post/Pier
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Electric
A/C

None
Water

Lake/River
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40438858
Sq. Ft

665
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

Wood Siding
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Pillar/Post/Pier
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Electric
A/C

None
Water

Lake/River
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Foyer

2.59 x 1.45 ft Main level

Walkout to Balcony/Deck
Porch

2.34 x 2.77 ft Main level
Bedroom Primary

3.45 x 3.35 ft Main level
Bedroom

3.33 x 2.34 ft Main level
Bathroom

2.31 x 1.63 ft Main level

3-Piece
Kitchen/Living Room

4.67 x 6.53 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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