12040 ON-12 HIGHWAY, Severn

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For sale: Vacant Land

Vacant Land at 12040 ON-12 HIGHWAY, Severn
Property type
Vacant Land
MLS®
MLS® S14119692
Neighbourhood
Rural Severn

RARE INVESTMENT OPPORTUNITY - APPROXIMATELY 27 ACRES NEAR COLDWATER! Strategically located along Highway 12 with excellent exposure to Highway 400 and close proximity to a major highway interchange. Just minutes from Coldwater and near established commercial and recreational destinations, this property offers outstanding visibility and convenient regional connectivity.This substantial landholding in a desirable location presents exciting possibilities for investors seeking long-term value and future potential.Currently zoned Rural (RU). Buyers and their representatives to verify permitted uses, access requirements and any required approvals with the appropriate authorities.

Sold data

Homes in Rural Severn — recent sold market

Homes in Rural Severn took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $779,450.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$779,450
Sale-to-list ratio
95.8%
Sold above asking
8%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 12040 ON-12 HIGHWAY