1406 DIVISION Road, Severn, ON

$789,900
MLS#:S12622454
4 beds
3 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 26, 2024. 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 vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $789,900 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Water Softener, Water Treatment
  • Efficient forced air heating via propane

Description

**TURNKEY HOME WITH EXTENSIVE RENOVATIONS THROUGHOUT** WELCOME TO YOUR DREAM HOME ON JUST UNDER 1 ACRE! THIS STUNNING PROPERTY IS PERFECT FOR THOSE LOOKING FOR PRIVACY, OPEN SPACE AND COMFORT WHILE BEING CLOSE TO TOWN. FEATURING 3+1 BEDROOMS, 3 FULL BATHROOMS, 2 KITCHENS, A FULLY FINISHED BASEMENT AND ALSO A PERFECT SETUP FOR AN INLAW SUITE. THE BACKYARD IS FULLY LANDSCAPED WITH A LARGE DECK AND DRY BAR, AN ABOVE GROUND POOL, HOT TUB, POND WITH WATERFALL, WET BAR AND FIRE PIT! DON'T FORGET THE DETACHED 20'X24' GARAGE WHICH IS FULLY HEATED OUT FRONT. THIS HOME IS PERFECT FOR HOSTING GATHERINGS AND CREATING UNFORGETTABLE MEMORIES WITH LOVED ONES. ENJOY A TOUCH OF SERENITY AND ELEGANCE WITH YOUR OWN OUTDOOR SPACE. DON'T MISS OUT ON THE OPPORTUNITY TO MAKE THIS YOUR NEW HOME SWEET HOME!

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Property Summary

This detached home located at 1406 DIVISION Road, Severn is currently for sale and has been available on SousaSells for 709 days. This property is listed at $789,900 with an estimated mortgage of $2,629* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 1406 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
4
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding, Brick
BasementFinished, Full
CountySimcoe
Annual Tax$2,526
Legal DescriptionPT W1/2 LT 1 CON 3 NORTH ORILLIA AS IN RO1467001; SEVERN

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Hospital

Interior Features

Water Heater Owned, Water Softener, Water Treatment

Security Features

Community Features

Location

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1406 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 1406 DIVISION Road W, Severn, ON L3V 0X6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$236,970 (30.0%)
* Minimum Canadian down payment required for this price is $53,990.
Amortization Period30 Years
Estimated Monthly Payment$2,629Based on a loan of $552,930 over 30 years.
Purchase Price$789,900
Loan Amount$552,930
Provincial Land Transfer Tax:$12,273
Total Estimated Closing Taxes:$12,273

About Purchasing a Home in Severn, ON

For a property listed at $789,900 in Severn, the legal minimum down payment is $53,990 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 $12,273 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 $12,273.

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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.