11 Sheridan Drive, Severn, ON

$699,999
MLS#:S12240091
3 beds
3 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 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 Coldwater. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,999 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 62.4 x 287.8 ft lot
  • Features a development potential, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This updated 2+1 bedroom home sits on a large, private treed lot just minutes from downtown Coldwater. The main floor features a bright, functional layout with two bedrooms. The primary bedroom has an ensuite bathroom. There is an eat in kitchen with a new quartz countertop (June 2025), with a walkout to your deck. Lots of recent updates including luxuary vinyl flooring throughout. The finished basement offers a self-contained in-law suite with a second kitchen, bedroom, 3 piece bath and living space. This home is ideal for multi-generational living and a potential future duplex conversion. Ample parking, municipal water (the water supply is paid for by the municipality), and a peaceful setting complete the package. A great opportunity for families or investors alike. Convenient location with easy access to hwy 12 and hwy 400.

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Property Summary

This detached home located at 11 Sheridan Drive, Severn is currently for sale and has been available on SousaSells for 389 days. This property is listed at $699,999 with an estimated mortgage of $2,330* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 11 Sheridan Drive, Severn is in the Coldwater neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2025
Sold price information is available to members only
Listed Date6/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementDevelopment Potential, Finished
Lot Size62.4 × 287.8 Feet
CountySimcoe
Annual Tax$2,255.32
Legal DescriptionLT 34 E/S RDAL PL 455 COLDWATER; S/T RO1168954; SEVERN

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Capability, Sump Pump, Water Heater Owned

Security Features

Community Features

Location

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11 Sheridan Drive, 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 11 Sheridan Drive, 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.

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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$210,000 (30.0%)
* Minimum Canadian down payment required for this price is $45,000.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,999 over 30 years.
Purchase Price$699,999
Loan Amount$489,999
Provincial Land Transfer Tax:$10,475
Total Estimated Closing Taxes:$10,475

About Purchasing a Home in Severn, ON

For a property listed at $699,999 in Severn, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.

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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$797,469

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.