1530 Cunningham Crescent, Severn, ON

$1,395,000
MLS#:S9271242
4 beds
4 baths
2500-3000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 21, 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 vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,395,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 80 x 203 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven, Primary Bedroom - Main Floor, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 1530 Cunningham Crescent, where luxury meets tranquility in this 2700+ sq. ft. custom-built home nestled in a serene setting. This exquisite property offers the perfect blend of elegance, comfort, and convenience. As you step inside, you'll be greeted by the spacious and airy living space featuring cathedral ceilings and a stunning fireplace adorned with stone accents, creating a cozy ambiance for gatherings with family and friends. The living space boosts natural light streaming in from 3 sliding glass doors that open to a covered deck. The gourmet kitchen and pantry, is a chef's dream, boasting top-of-the-line appliances and ample counter space for culinary creations. With three oversized bedrooms, the primary bedroom features cathedral ceilings, a 5 piece ensuite with heated floors. The main floor bathroom has heated floors, adding a touch of luxury to your daily routine. This home provides a peaceful retreat for relaxation after a long day with view of Lake Couchiching. Hardwood floors and ceramic tiles flow seamlessly throughout the home, enhancing its timeless appeal. Outside, the property backs onto green space, offering privacy and tranquility, while still providing breathtaking views of Lake Couchiching from your front porch. Additionally, a large loft space above the garage offers endless possibilities, whether it's used for entertaining guests or as a cozy hangout spot for kids. The finished walkout basement is full of natural light, an extra bedroom and a 3 piece bathroom. The oversized two-car garage is insulated and features heated floors, ideal for cold winter days. Located on the edge of Orillia, this home offers the best of both worlds - the peace and quiet of country living, combined with the convenience of being just minutes away from all the amenities the city has to offer. Don't miss the opportunity to make this exceptional property your own. Schedule your private viewing today and experience luxury living at its finest!

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Property Summary

This detached home located at 1530 Cunningham Crescent, Severn is currently for sale and has been available on SousaSells for 689 days. This property is listed at $1,395,000 with an estimated mortgage of $4,643* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 1530 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
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 21, 2024
Sold price information is available to members only
Listed Date8/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionVinyl Siding, Stone
BasementFinished with Walk-Out, Full
Lot Size80 × 203 Feet
CountySimcoe
Annual Tax$5,431
Legal DescriptionPT E PT LT 4 CON 6 SOUTH ORILLIA AS IN RO904992; SEVERN

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Greenbelt/Conservation, School, Wooded/Treed

Interior Features

Built-In Oven, Primary Bedroom - Main Floor, Sump Pump

Security Features

Community Features

Location

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1530 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 1530 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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$418,500 (30.0%)
* Minimum Canadian down payment required for this price is $279,000.
Amortization Period30 Years
Estimated Monthly Payment$4,643Based on a loan of $976,500 over 30 years.
Purchase Price$1,395,000
Loan Amount$976,500
Provincial Land Transfer Tax:$24,375
Total Estimated Closing Taxes:$24,375

About Purchasing a Home in Severn, ON

For a property listed at $1,395,000 in Severn, the legal minimum down payment is $279,000 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 $24,375 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 $24,375.

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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.