$975,000
For sale: Multiplex

Welcome to this custom built duplex bungalow in the peaceful countryside of Severn on a paved road, offering exceptional flexibility for families, extended families, multi-generational living, or investment income potential. Thoughtfully designed with 2,490 sq. ft. of finished living space all on one level, this home can be enjoyed as a spacious 4 bedroom, 3 bath residence or configured as a 2 bedroom home with a self-contained 2 bedroom apartment, complete with its own kitchen and living space. With no basement, every room is conveniently located on the main floor, providing easy accessibility and efficient living. Built in 2025, this quality home features two full kitchens, bright open-concept living areas, central air, propane forced air, hydronic hot water in both units, and heat pump in second unit, two HRV systems as well. Attached double garage with inside entrance to both units and ample parking. Situated on a generous 100' x 150' lot in Rural Severn, this versatile property is ideal for extended families, those looking to offset mortgage costs with rental income, or investors seeking a turnkey duplex-style opportunity. Enjoy the peace of country living only 10 minutes from Highway 400 and 20 mins from Costco Orillia. A rare opportunity to own a modern, custom-built home that offers outstanding flexibility to suit your lifestyle and investment goals. Hydro can be separated with 2 meters.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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.
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.
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