$648,000
For sale: Vacant Land

Save 27% on your property taxes! This level building lot on Sparrow Lake is just one and a half hours north of Toronto. Sparrow Lake is literally the gateway to Muskoka. However, this property is located in the Township of Severn, and that means your property taxes will be much lower than they are right across the lake in the Town of Gravenhurst. But that is far from the only reason to love this waterfront lot. Sparrow Lake is part of the Trent Severn waterway, a 386 kilometer route of canals, rivers, locks and lakes that connect Lake Ontario to Lake Huron via Georgian Bay This lot measures 2.8 acres, with approximately 258 feet of frontage on Sparrow Lake. This is a great opportunity to create a family retreat of unmatched privacy and beauty, close to marinas, resorts and dining, it is hidden gem at the gateway to Muskoka and the Great Lakes. A wonderful family retreat and a boater's paradise.
Sold data
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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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.
Currently for sale

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