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For saleMLS® S13467234

Lot 1 Torpitt Road, Severn, ON P0E 1N0

Rural Severn · P0E 1N0

$648,000

4 months on market

Lot
258 × 424 ft

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About this property

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.

Property details

Property

Property type
vacant land
Lot size
258 × 424 ft
Possession
Immediate

Interior

Exposure
East

Costs

List price
$648,000
Property taxes
$1,800 / year (2026)

Listing

MLS® number
S13467234
Status
For sale
Listed
June 19, 2026
Days on market
139
Last updated
June 23, 2026
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 71% of comparable vacant land listings in Rural Severn are asking less.

$150KMedian $475K$1.75M

Based on 21 comparable active vacant land listings in Rural Severn. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.1% · minimum $39,800
$39,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,362.84
Property tax (est.)
$150.00
Estimated monthly
$3,513

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,435
Total due on closing
$9,435

An estimate on the asking price of $648,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK CHAY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$648,000

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