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3414 LEE AVENUE, Severn (West Shore) — listed at $675,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
LEGAL DUPLEX *** Brand new roof(2026) *** 2657 sq ft of total living space near the lake. 3 + 2 bedrooms raised bungalow, so tall that it looks like a two-storey and provides large windows for the basement. Upstairs: a huge living and dining room, modern kitchen with walk out to fenced yard, 3 bedrooms and 4 pc bath. Downstairs: 2 bedrooms, 4 pc bath, same modern kitchen with a dishwasher, Walk-out to yard. A solid construction, ICF foundation, build in 2008 as a duplex, with multiple entries for each units, Central A/C, carpet free. *** Two completely separated units, upstairs and downstairs, only sharing the laundry. Live upstairs and let the rent from the basement apartment to pay your mortgage. Short walk to Severn Shores Public School and a community beach with a small annual fee, easy access to Hwy 11. Pictures digitally modified to remove tenant's personal items. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Upper Level | 6.4 x 5.8 meters |
| Bedroom 5 | Basement | — |
| Dining room | Upper Level | 6.4 x 5.8 meters |
| Kitchen | Upper Level | 5.18 x 3.35 meters |
| Primary Bedroom | Upper Level | 3.96 x 3.35 meters |
| Bedroom 2 | Upper Level | 3.66 x 2.74 meters |
| Bedroom 3 | Upper Level | 3.66 x 2.74 meters |
| Living room | Basement | — |
| Kitchen | Basement | — |
| Family room | Basement | — |
| Bedroom 4 | Basement | — |
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Severn (West Shore) before counting on it.
What's the parking situation?+
This property includes 6 spaces — No Garage.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,846, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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