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For saleMLS® S13562012

11401 Highway 12, Severn, ON L0K 1E0

Coldwater · L0K 1E0

$365,000

$521 / sq ft

3 months on market

Bedrooms
2
Bathrooms
2
Interior
700 sf
Parking
6
Lot
706.69 × 168 ft
Age
51-99 years

What's special

  • Detached garage
  • Window unit(s)
  • Finished basement
  • Carpet free
  • Primary bedroom - main floor
  • Propane tank

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About this property

MOTIVATED SELLER -Welcome to country living on 1.3 acres! Ideally situated between Orillia and Coldwater, this 2-bedroom, 2-bath home presents an excellent opportunity for investors, contractors, handy buyers, or anyone looking to take on a renovation project. Priced to reflect the work required, this property offers incredible potential for those with the vision to transform it into something special.Filled with natural light, the front living room features beautiful hardwood floors that extend throughout much of the home, providing a solid foundation to build upon. Recent improvements include a new roof (2024), an upgraded propane fuel system replacing the previous oil tanks, and a brand-new hot water tank (2026), allowing you to focus your efforts on bringing the rest of the home back to life. The second bathroom is currently not operational and will require restoration.Outside, the 1.3-acre lot offers exceptional privacy with mature trees, a detached single-car garage, and endless possibilities for gardens, hobbies, or future improvements. Conveniently located just minutes from Orillia and Coldwater, you'll enjoy easy access to shopping, dining, schools, parks, trails, Highway 12, and Mount St. Louis Moonstone Ski Resort for year-round recreation.If you're searching for a turnkey home, this property may not be the right fit. However, if you're looking for a property with tremendous upside and aren't afraid to roll up your sleeves, this is a fantastic opportunity to build equity and create something truly your own.

Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Propane Tank

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
2
Interior size
700 sq ft
Year built
51-99
Lot size
706.69 × 168 ft
Zoning
RU
Possession
Flexible

Interior

Basement
Unfinished
Heating
Forced Air · Propane
Cooling
Window Unit(s)
Exposure
East

Exterior & services

Construction
Aluminum Siding
Garage
Detached
Parking spaces
6
Sewer
Septic

Costs

List price
$365,000
Property taxes
$2,518 / year (2026)
Price per sq ft
$521
Rental items
propane tank

Listing

MLS® number
S13562012
Status
For sale
Listed
July 14, 2026
Days on market
113
Last updated
October 14, 2026
Listing brokerage
The Agency

Price & sale history

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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 below most comparable listings — about 0% of comparable detached listings in Coldwater are asking less.

$551KMedian $630K$928K
This home
$521 / sq ft
Comparable median
$578 / sq ft

Based on 12 comparable active detached listings in Coldwater. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $18,250
$18,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,917.24
Property tax (est.)
$209.83
Estimated monthly
$2,127

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
$3,950
Total due on closing
$3,950

An estimate on the asking price of $365,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of The Agency. 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.

$365,000

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What similar homes in this area actually sold for.

Nearby sold prices are hidden

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