27 Sheppard Street, Severn

$615,000
27 Sheppard Street

$615,000

Price Change
27d
DetachedBungalow-Raised

27 Sheppard Street, Severn

Total Monthly Obligation $3,049

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
27d
Yield
5.4%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-S13831836
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-58.52 × 185.39 ft
Listed on site-Sep 26, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$2,318 (2025)
Parking-4 - Carport
Basement-Partially Finished, Development Potential
Heating-Forced Air (Gas)
Brokerage-RARE REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Coldwater
Title-Residential Freehold

No agent assigned

Welcome to 27 Sheppard Street, in the charming village of Coldwater. Updated raised bungalow, 3 bedroom 4 piece bath + rough in bath. Freshly painted and carpet free, the home features a renovated kitchen with stainless steel appliances and a ledger-style backsplash, smooth ceilings, ceiling fans, updated lighting, vinyl flooring throughout. The updated primary bedroom opens to an approximately 8 x 20 ft 4-season sunroom, while a renovated bathroom and updated staircases add to the refreshed interior. 1,337 sq ft above grade + 1,067 sq ft partially finished basement. See attached floor plan.The lower level has large windows and is mostly finished, with flooring and ceiling work remaining. It also has a bathroom rough-in and potential for 3 more bedrooms. Some photos have been virtually staged in basement to show potential.The fully fenced yard features new landscaping and a new above ground pool - installed in 2025 with a sand filter system. Other highlights include two entrances, a gas furnace and central air conditioning installed in 2016, an owned hot water tank installed in 2025, and 200-amp electrical service.Coldwater's historic downtown is home to local shops and cafés, with dining, trails and community amenities nearby. Enjoy village living with convenient access to Highway 400, approximately 2 km away. Book your private viewing today!

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Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,049/mo
Mortgage $2,481
Monthly Loss $2,396
Principal$653
Interest$1,828
Property Tax$193
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 27 Sheppard Street

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