2870 Lakeside Drive, Severn

$168,900.00

2.0 Bedrooms

1.0 Bathrooms

Age: 56

Area Finished: 555 sq.ft.

Lot Size: 65.25 x 150 ft irreg

Welcome to 2870 Lakeside Drive in peaceful Severn Township. This home sits just steps from the lake and offers many desirable features: Perfectly shaded by a few mature trees,

nicely landscaped offering the sights and sounds of nature

Lifetime metal roof overs protection in a cool blue tone that mirrors the water

Charming deck is the perfect spot to sit with your morning coffee and listen to the waves

Original hardwood floors add warmth and character throughout

Bright and spacious living/dining room Kitchen offers ample storage and prep

space as well as access to the outside Two bedrooms with tongue and groove

accents and built in shelving Three piece bathroom offers convenient

shower and vanity with plenty of storage Rear yard is shaded from the hot sun Bonus Bunkie has hydro making it the

perfect children’s cottage or workshop for the hobbyist

Steps from the lake offering outdoor recreation all year round including boating, swimming, biking, snowmobiling and ice fishing

Easy access to Hwy 11 for commuters Charming and friendly community Nearby Hedgemere Landing Boat

Launch Nearby Bayou Park

For more information, or to get a pre-approval call:

2870 Lakeside Drive, Severn

Mortgage Financing Options

Asking Price $ 168,900.00

Down Payment

5% 5yr Term

Fixed

10% 5yr Term

Fixed

20% 5yr Term

Fixed

Rate 2.59% 2.59% 2.59%

Down Payment $ 8,445.00 $ 16,890.00 $ 33,780.00

First Mortgage $ 160,455.00 $ 152,010.00 $ 135,120.00

Mortgage Insurance $ 5,776.38 $ 3,648.24 $ 0

Total Financing $ 166,231.38 $ 155,658.24 $ 135,120.00

Term (yrs) 5 5 5

Amortization (yrs) 25 25 25

Monthly Payments

Principal & Interest $ 752.13 $ 704.29 $ 611.36

Property Tax (2014) $ 135.25 $ 135.25 $ 135.25

Total Monthly Payment $ 887.38 $ 839.54 $ 746.61

The above amounts are estimates and qualification still depends on a formal mortgage application. Quick Close discounted rate holds available.

The above rates are subject to change without notice. Taxes based on previous year.

Other options are available to suit your individual situation, please call for detail and options. Mortgage Rates as of May 27,2016

2870 Lakeside Drive, Severn

Location, Location, Location…..

Easy access to Hwy 11 for commuters Steps to the lake offering year round recreation including swimming,

boating, biking, snowmobiling and ice fishing Minutes to Orillia for city conveniences, shopping, entertainment and more 15 minutes to Gravenhurst and Lake Muskoka Close to local schools Nearby McGregor Marina, Hedgemere Landing Boat Launch, and Bayou

Park

Local Elementary School

Local Elementary School Local Secondary School

Every effort is made to ensure the accuracy of the school s for this address, however school zones frequently subject to change. Please be advised no warranty can apply to accuracy and

for this publication. Please contact Simcoe County District School Board at www.scdsb.on.ca or the Simcoe Muskoka Catholic School Board at www.smcdsb.on.ca

Orillia Collegiate and Vocational Institute

2 Borland Street East Orillia, ON, L3V 2B4 Ph:(705) 326-7394

www.odpark.wordpress.com

Ardtrea/Cumberland Beach Elementary School 3797 Telford Line

Orillia, ON, L3V 6H3 Ph:(705) 327-1321 www.cmb.scdsb.on.ca

Local Catholic Elementary School

Local Elementary School Local Catholic Secondary School

Patrick Fogarty Catholic Secondary School

15 Commerce Road Orillia, ON, L3V 0Z2 Ph:(705) 325-9372

www.pfo.schools.smcdsb.on.ca

Every effort is made to ensure the accuracy of the schools for this address, however school zones are frequently subject to change. Please be advised no warranty can apply to accuracy

and for this publication. Please contact Simcoe County District School Board at www.scdsb.on.ca or the Simcoe Muskoka Catholic School Board at www.smcdsb.on.ca

Notre Dame Catholic Elementary School 140 Atlantis Drive

Orillia,ON L3V 6H2 Ph:(705) 326-0979

www.nod.schools.smcdsb.on.ca