4654 Iron Bridge Lane, Severn

$694,000
4654 Iron Bridge Lane

$694,000

New
39d
DetachedBungalow

4654 Iron Bridge Lane, Severn

Total Monthly Obligation $3,470

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
39d
Yield
5.5%
Cash on Cash
0.3%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-S13784510
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-49.34 × 134 ft
Listed on site-Sep 14, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,550 (2025)
Parking-2 - None
Basement-Finished, Partial Basement
Heating-Forced Air (Propane)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-None
Laundry-No
Fireplace-Propane
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Septic
Possession-Flexible
Neighbourhood-Washago
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Own a cottage that helps pay for itself with the rare opportunity to enjoy the best of both worlds, featuring a documented nine year history averaging approximately $40,000 in annual Airbnb rental income, allowing you to enjoy the cottage whenever you choose while generating meaningful income when you're away, with financial records available to qualified buyers 2) Exceptional Severn River waterfront awaits with breathtaking river views from your private dock and charming waterfront gazebo, beautifully landscaped grounds, mature perennial gardens, and expansive outdoor living spaces that create the perfect backdrop for entertaining, relaxing, and making unforgettable memories with family and friends 3) Beautifully updated four-season cottage welcomes you inside with a warm and inviting interior showcasing an updated kitchen, a cozy dining room with a fireplace, and a spectacular great room featuring soaring cathedral ceilings and walls of windows that perfectly frame the stunning waterfront views while filling the home with natural light 4) Outdoor living at its best invites you to embrace the waterfront lifestyle with boating, swimming, fishing, and endless days on the water, while multiple outdoor seating areas, a spacious deck, and the waterfront gazebo create seamless spaces for morning coffees, afternoon gatherings, and spectacular sunset evenings 5) Perfect lifestyle and investment combining the charm of a year-round family retreat with the flexibility of a weekend getaway and the proven earning potential of a successful income-producing property, offering an exceptional opportunity to enjoy cottage living while helping offset ownership costs through established rental income. 1,397 above grade sq.ft. plus a finished lower level.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$555,200
Land Transfer Taxes$10,355
Legal Fees (Est.)
$
Total cash required for closing$150,655

Total Monthly Obligation

$3,470/mo
Mortgage $2,799
Monthly Loss $2,734
Principal$737
Interest$2,063
Property Tax$296
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 4654 Iron Bridge Lane

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.