1 GRAY Street, Severn, ON

$479,900
MLS#:S12185393
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Coldwater. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $479,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Sump Pump
  • Efficient forced air heating via gas

Description

Check out this very affordable and well maintained 1,260 total finished square foot home. Three bedrooms on the main floor, attached garage, and a full, mostly finished basement with plenty of room for big screen gaming or watching movies, and a fourth bedroom if needed. Young families will appreciate the safety and ease of a two-minute sidewalk stroll to Coldwater Public Elementary School. Save on automobile expenses, with grocery shopping, restaurants and a medical centre a short walk away. Some of the features of this home are nearly new appliances, hardwood and ceramic flooring, a walk-out from the dining room, a newer roof and furnace, updates to electrical, plumbing and windows. There is also paved parking in both the front and rear. Make an appointment to view this property today.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 30, 2026
Sold price information is available to members only
Listed Date5/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Partially Finished
CountySimcoe
Annual Tax$1,865
Legal DescriptionPT LT 1 E/S COLDWATER RD PL 61 COLDWATER; PT LT A S/S GRAY ST PL 371 COLDWATER PT 2, 51R4653; SEVERN

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Golf, Library, Marina, Rec./Commun.Centre, School, Skiing

Interior Features

Primary Bedroom - Main Floor, Sump Pump

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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1 GRAY Street, Severn, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 GRAY Street, Severn, ON L0K 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.

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Interest Rate5.25%
Down Payment$23,995 (5.0%)
* Minimum Canadian down payment required for this price is $23,995.
Amortization Period25 Years
Estimated Monthly Payment$2,717Based on a loan of $455,905 over 25 years.
Purchase Price$479,900
Loan Amount$455,905
Provincial Land Transfer Tax:$6,073
Total Estimated Closing Taxes:$6,073

About Purchasing a Home in Severn, ON

For a property listed at $479,900 in Severn, the legal minimum down payment is $23,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,073 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,073.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Coldwater, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$660,711

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.