1585 PORT STANTON PARKWAY, Severn

$35,000/mo

For rent: Other

Other at 1585 PORT STANTON PARKWAY, Severn
Property type
Commercial Retail
Bedrooms / bathrooms
13 bathrooms
MLS®
MLS® S12777960
Neighbourhood
Rural Severn

Long-Term Lease Opportunity - Lakefront Resort (C8 Zoning)Approximately 10,000 sq. ft. lakefront resort property available for long-term lease, zoned C8 - Tourist Establishment. The building includes 10 bedrooms, 13 washrooms, a large venue hall, and commercial kitchen space.C8 zoning permits tourist accommodation and allows for accessory uses typically associated with resort operations, which may include wedding events, banquet-style gatherings, and food service, subject to site plan, parking, and applicable approvals.The property supports indoor and outdoor wedding and event use and may be suitable for application for a liquor licence, subject to AGCO and municipal approvals.Renovations or upgrades may be required to support the tenant's intended use and to meet building code, fire, accessibility, parking, and other regulatory requirements. Property offered in as-is condition.

Sold data

Homes in Severn — recent sold market

Homes in Severn took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 55, across 73 recorded sales.

The median sale price was $724,900.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

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

Median days to sell
24
Median sale price
$724,900
Sale-to-list ratio
96.3%
Sold above asking
7%

Based on 73 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 1585 PORT STANTON PARKWAY