$699,900
For sale: Multiplex

This well-built 2022 duplex offers an outstanding opportunity for investors, multi-generational families, or homeowners looking to live in one unit while generating income from the other. Featuring two fully self-contained units with separate entrances, utilities, and completely independent utility access for each unit, the property provides privacy, convenience, and cost efficiency, along with ample parking and a private garage.Constructed with energy-efficient ICF, it ensures durability, comfort, and reduced operating costs. The upper unit includes a spacious eat-in kitchen, three bedrooms, and in-suite laundry, while the lower unit offers a bright open-concept layout, two bedrooms, and its own laundry-ideal for rental or extended family.Conveniently located just minutes from Orillia, Gravenhurst, and Barrie, this approximately 2,072 sq. ft. property is a turnkey investment in a great location. Lot Irregularities: 37.99 ft x 148.96 ft x 157.84 ft x 190.76 ft
Sold data
Homes in Severn (Ardtrea) 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 61, across 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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 $724,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 77 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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