1473 Cunningham Crescent, Severn, ON

$1,949,000
MLS#:S9241294
3 beds
3 baths
17.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium other and stone construction, this residence presents an exceptional opportunity offered at $1,949,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 75 x 200 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 17.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Other
  • equipped with central air central cooling and highly efficient forced air heating via other

Description

Welcome to luxury living at 1473 Cunningham Crescent, located in a prestigious neighborhood in Severn, Ontario. This modern home features contemporary designs and lavish amenities, offering over 2,400 square feet of living space and 75 feet of prime waterfront. Once Inside, you'll discover three spacious bedrooms and three bathrooms, including a luxurious 5-piece ensuite off the primary bedroom. The chef's kitchen is equipped with designer stainless steel appliances, and a designer stone countertop, making it perfect for both everyday meals and entertaining. The indoor spa room, provides a dedicated space for relaxation. Natural light floods the home, enhancing the open and airy feel. There is ample space for entertaining in almost every room. Enjoy formal family meals in the exquisite and stunning dining room, and take in the exceptional, unobstructed waterfront views. The soaring 20' cathedral ceilings with oversized custom shiplap finish create a sense of grandeur. The home is smart-wired and comes complete with an in-ceiling audio system. The top-notch real wood millwork package includes tall baseboards, contemporary casings with backband, trayed insert ceilings, and custom nooks. A designed-specific glazing package is featured throughout the home. Contact your agent or one of us today for your private viewing.

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Property Summary

This detached home located at 1473 Cunningham Crescent, Severn is currently for sale and has been available on SousaSells for 710 days. This property is listed at $1,949,000 with an estimated mortgage of $6,488* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 1473 Cunningham Crescent, 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
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 27, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionOther, Stone
BasementCrawl Space
Lot Size75 × 200 Feet
CountySimcoe
Annual Tax$9,725
Legal DescriptionLT 7 PL 1286 SOUTH ORILLIA; SEVERN

Parking & Garage

Parking Spaces17.0
Garage Spaces15
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Lake/Pond, Place Of Worship, School, Waterfront

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Other

Security Features

Community Features

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Location

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1473 Cunningham Crescent, 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 1473 Cunningham Crescent, Severn, ON L3V 6H3

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$584,700 (30.0%)
* Minimum Canadian down payment required for this price is $389,800.
Amortization Period30 Years
Estimated Monthly Payment$6,488Based on a loan of $1,364,300 over 30 years.
Purchase Price$1,949,000
Loan Amount$1,364,300
Provincial Land Transfer Tax:$35,455
Total Estimated Closing Taxes:$35,455

About Purchasing a Home in Severn, ON

For a property listed at $1,949,000 in Severn, the legal minimum down payment is $389,800 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 $35,455 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 $35,455.

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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.