1776 Loretta Avenue, Severn, ON
Property no longer active
This property was sold on April 29, 2025. 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 brick front construction, this residence presents an exceptional opportunity offered at $939,000 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 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 59 x 360 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: Water Softener, Water Treatment, Solar Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
PERFECT opportunity to increase value on a sprawling bungalow in a sought after neighborhood edging Orillia. With a flowing floor plan this house offers 3 bedrooms, 2 full baths, main floor laundry, inside entry from the triple bay garage, a full basement ready to see it's full potential and PRIVACY! Built in 1998, this home has been lovingly maintained since. Now this gem is ready to be polished into the year 2025. Redeeming qualities include; natural gas, primary suite w large ensuite and walk in closet, open concept kitchen/dining/family room with gas fireplace, walk out to deck from kitchen, beautiful bay window with amazing natural light pouring in the formal living room, hardwood flooring, 200 amp service, and income generating solar panels. There's lots to love about this family home in a quiet neighborhood. Come to the open houses!
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Property Summary
This detached home located at 1776 Loretta Avenue, Severn is currently for sale and has been available on SousaSells for 502 days. This property is listed at $939,000 with an estimated mortgage of $3,126* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 1776 Loretta Avenue, 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
Cul de Sac/Dead End
Interior Features
Water Softener, Water Treatment, Solar Owned, Primary Bedroom - Main Floor, Central Vacuum
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Community Features
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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 1776 Loretta Avenue, Severn, ON L3V 7W2
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 $939,000 in Severn, the legal minimum down payment is $68,900 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 $15,255 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 $15,255.
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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.