1180 Jermey Road, Severn, ON
Property no longer active
This property was sold on October 3, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,149,900 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 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 250.23 x 278.69 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Over 2000 sq ft bungalow finished on scenic property just 20 minutes outside Orillia. Ready to add an in-law-suite. Septic is sized and rough ins are in place. Separate entrance from heated and insulated garage to basement with a walk out to backyard. Unfinished basement area with heated floors and potential drawings for you to finish. Main floor stuns with gleaming hardwood floors, and cathedral ceilings with pot lights. Bright kitchen framed by waterfall island. Finished with quartz countertops and backsplash, drawers on all lower cabinets, pantry, and gas range. Living room walk out to covered and insulated back deck with ceiling fan, easy to enclose as a Muskoka room. Large primary bedroom charms with 4 piece ensuite and double sinks, walk-in closet, and private deck access. Main floor also boasts two additional bedrooms, 3 piece bathroom with deep tub, and handy linen closet. Modern, sizeable laundry room with door to 3 car garage. Finished rec room and lots of windows for natural light. Mechanical room houses central vacuum, central A/C, water softener, UV filter, sediment and carbon filters, hot water heat recovery coil, LifeBreath Energy and Heat Recovery unit, and owned electric hot water heater. Beautifully built, overlooking trees and fields and in Marchmont School District.
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Property Summary
This detached home located at 1180 Jermey Road, Severn is currently for sale and has been available on SousaSells for 738 days. This property is listed at $1,149,900 with an estimated mortgage of $3,828* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 1180 Jermey 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
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Interior Features
Auto Garage Door Remote, Carpet Free, Central Vacuum, ERV/HRV, Primary Bedroom - Main Floor, Water Heater Owned, Water Softener, Water Treatment
Security Features
Community Features
Location
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 1180 Jermey Road, Severn, ON L3V 5B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Severn, ON
For a property listed at $1,149,900 in Severn, the legal minimum down payment is $229,980 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 $19,473 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 $19,473.
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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.