Homula Realty Brokerage
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3583 Riverdale Drive, Severn, ON L0K 2B0

4+1 beds · 3 baths · 1 kitchen · 7 rooms · 6 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$1,288,000
Property tax
$4,069 / year

Welcome to your own paradise! Whether you are looking for a romantic retreat, a family getaway, or to entertain your guests, this place has it all. Recently renovated, no expenses were spared. This paradise on the water with its own sandy beach, with two docks is perfect for those summer dips, fall retreats and winter coziness by the fireplace. Painting worthy scenery surrounds you on all sides. Conveniently located an hour away from GTA makes this place perfect for those easy retreats to the country side. At the same time you are conveniently located withing minutes of Washago City with hardware stores, restaurants, and grocery stores, and everything else one would need for prolong vacations. Great AIRBNB potential for those looking to generate extra income. Waterfront, all year round, four seasons. Ensuite with separate entrance and bathroom on site. Come for a viewing to fall in love with this one of a kind property!

MLS number
S13612098
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
L0K 2B0
Photos
35
Laundry
Main Level level
46days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Severn — 335 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$668k$984k$1.30M20252026this home’s asking price
$800klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
93%97%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d19d39d20252026
21dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in severn. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 525 people.

$86,000Median household income
92.7%Own their home
95.9%Detached houses
59.2Median age
13%Born outside Canada
22.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440251 — the few blocks around this address, home to 525 people. It describes the area, not this property.

525Population
52.8Average age
2.1Household size
$105,000Average household income
$86,000Median household income
93%Own their home
7%Rent
0%Condominiums
13%Born outside Canada
22%University degree
$785,000Average home value
7%Low income
70%Not in the labour force
20%Never married
Under $5,0002%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over28%
$100,000 to $124,9999%
$125,000 to $149,9993%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 325 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$257,600 · minimum here is $103,800
$5,702.99per month
Borrowed before insurance$1,030,400
Total borrowed$1,030,400
Interest over 25 years at 4.5%$680,496

If you rented it out

-$6,042.07per month out of pocket
Rent$0.00
Everything it costs to hold$6,042.07
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RIGHT AT HOME REALTY. Listing data provided by the Toronto Regional Real Estate Board.