1053 Division Road, Severn, ON

$549,900
MLS#:S12014083
3 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $549,900 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 premium 49.44 x 96.96 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient forced air heating via oil

Description

Welcome to this cozy and well-maintained raised bungalow, located in a beautiful rural setting. Perfect for first-time buyers or those looking to downsize, this charming home blends comfort and practicality. The interior boasts an open-concept living and dining area, flooded with natural light from large windows, creating a bright, airy atmosphere. The modern kitchen is both functional and stylish, while the updated bathroom offers a fresh, contemporary feel. With an inside entry from the garage and a spacious rec room in the finished basement, this home provides convenience and extra living space. Just a short drive from local amenities and with easy access to the highway, this property strikes the perfect balance between peaceful rural living and modern convenience. This home is ready for you to move in and make it your own.

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Property Summary

This detached home located at 1053 Division Road, Severn is currently for sale and has been available on SousaSells for 492 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1053 Division Road, Severn is in the Rural Severn neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

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

Additional Details

StatusSold
Sold DateApril 22, 2025
Sold price information is available to members only
Listed Date3/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBoard & Batten
BasementFinished
Lot Size49.44 × 96.96 Feet
CountySimcoe
Annual Tax$1,735
Legal DescriptionPT LT 1 CON 5 SOUTH ORILLIA AS IN RO864293; SEVERN

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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1053 Division Road, 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 1053 Division Road E, Severn, ON L3V 6H4

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 Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Severn, ON

For a property listed at $549,900 in Severn, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,144,041

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.