1662 PENLEY ROAD, Severn

$698,818

For sale: Detached

Detached at 1662 PENLEY ROAD, Severn
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 1 bathroom
Living area
1,500 sqft
MLS®
MLS® S13566394
Neighbourhood
Rural Severn

What an amazing Location! This property boasts a Fantastic 10.5 acres at the corner of Highway 11 and Penley Road in Orillia. Also a second entrance that backs onto Division Road. Detached House, 3 Beds, 1 Bath. Brand new roof (Dec. 2025). New Water Filtration System (April 2026), Septic Tank recently cleaned (March 2026). Perfect for Live-in or rent-out. Currently tenanted (month to month), willing to stay or you can have vacant possession. Excellent trails, snowmobiles, ATV etc. Plenty of room to play and enjoy. Build/Development potential. Close to all amenities.

Sold data

Detached homes in Severn — recent sold market

Detached homes in Severn took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 73 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $739,000.

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 27% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$739,000
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 1662 PENLEY ROAD