1059 TORPITT Road, Severn, ON

$1,800,000
MLS#:S10438244
6 beds
4 baths
3500-5000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Multi-Level detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,800,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 333 x 536 ft lot
  • 10.0 total parking spaces available with a convenient unknown configuration
  • Notable attributes: Propane Tank, Water Treatment, None
  • equipped with other central cooling and highly efficient heat pump heating via propane

Description

Welcome to Sparrow Lake, part of the Trent-Severn Waterway, offering endless boating opportunities. This property spans just over 2 acres, surrounded by mature trees that provide the privacy you desire at the cottage. Located on a municipally maintained road, it ensures seamless year-round access. The house is fully winterized, making it perfect for enjoying all four seasons the north has to offer. In recent years, this property has been both a cherished family retreat and a successful rental investment. The structure, built entirely above grade, features two separate entrances, each leading to distinct living spaces with their own kitchens, living areas, bedrooms, and bathrooms. This design offers maximum privacy for renters, guests, or even a large multigenerational family. The custom steel-pile dock is virtually maintenance free and offers a boat slip and large gazebo to relax in. Numerous important and thoughtful updates and renovations have been made to the house and property, including a septic system, retaining wall, steel siding and roof, two gas fireplaces, updated kitchens, a Generac generator, water filtration system,decks and dock, two new A/C mini-split units with a new compressor, some windows and doors, and a primary bedroom with stunning views of Sparrow Lake and abundant natural light. Book a viewing today and experience this incredible property and stunning sunrises for yourself.

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Property Summary

This detached home located at 1059 TORPITT Road, Severn is currently for sale and has been available on SousaSells for 676 days. This property is listed at $1,800,000 with an estimated mortgage of $5,992* per month. It has 6 beds, 4 bathrooms, and is 3500-5000 square feet. 1059 TORPITT 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
6
Bathrooms
4
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 7, 2025
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleMulti-Level
ConstructionMetal/Steel Siding
BasementNone
Lot Size333 × 536 Feet
CountySimcoe
Annual Tax$7,753.72
Legal DescriptionPT RDAL BTN CON 14 & 15 MATCHEDASH CLOSED BY UNREGISTERED BYLAW #794/79; PT E1/2 LT 1 CON 14 MATCHEDASH; PT LT 1 CON 15 MATCHEDASH PT 6, 7, 10 & 13, 51R7595; S/T MA2077; SEVERN

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeUnknown

Heating & Cooling

Heat SourcePropane
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Propane Tank, Water Treatment, None

Security Features

Community Features

Location

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1059 TORPITT 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 1059 TORPITT Road, Severn, ON P0E 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$540,000 (30.0%)
* Minimum Canadian down payment required for this price is $360,000.
Amortization Period30 Years
Estimated Monthly Payment$5,992Based on a loan of $1,260,000 over 30 years.
Purchase Price$1,800,000
Loan Amount$1,260,000
Provincial Land Transfer Tax:$32,475
Total Estimated Closing Taxes:$32,475

About Purchasing a Home in Severn, ON

For a property listed at $1,800,000 in Severn, the legal minimum down payment is $360,000 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 $32,475 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 $32,475.

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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.