1581 Balkwill Line, Severn, ON
Property no longer active
This property was sold on November 30, 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 wood construction, this residence presents an exceptional opportunity offered at $579,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 220 x 990 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via oil
Description
ACREAGE is always THE RIGHT MOVE. This 5 ACRE COUNTRY PROPERTY with plenty of natural character, trees and a gorgeous flat rock area that is cleared for your dreamiest landscape ideas. A newer septic installed in 2023. Furnace in 2016. Shake n Tile metal roofing system with transferrable warranty installed on main house in May of 2005.
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Property Summary
This detached home located at 1581 Balkwill Line, Severn is currently for sale and has been available on SousaSells for 663 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 1581 Balkwill Line, 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
Wooded/Treed
Interior Features
None
Security Features
None
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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 1581 Balkwill Line, Severn, ON L0K 1E0
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 $579,900 in Severn, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.