1862 Providence Lane, Severn, ON
Property no longer active
This property was sold on January 7, 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 Marchmont. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,188,000 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 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 167.3 x 233.29 ft lot
- Features a full, finished 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: Air Exchanger, Auto Garage Door Remote, Bar Fridge
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location! Location! Location! Nestled in the sought after community of Marchmont, this peaceful bungalow retreat on a tranquil street is sure to please. The beautifully designed main floor offers hardwood and tile flooring, a great room with cathedral ceiling, multiple windows to showcase the view to the wooded lot, and a floor to ceiling natural gas fireplace. The heart of the home features an open concept kitchen with a spacious centre island and breakfast bar, stainless steel appliances including a built-in microwave, wall oven and natural gas cooktop. A family size dining area with a walk-out to a 400 sq ft covered deck for indoor and outdoor entertaining. Three generous main floor bedrooms including a primary with a 4-piece ensuite and a walk-in closet, a second bathroom, and a spacious laundry room allow for one level living. The finished basement offers even more living space with a large yet cozy family room featuring custom design details, a fourth spacious bedroom and vinyl plank flooring. Just under 1 acre, the pool size lot surrounded by mature trees offers privacy and a fenced in area safe for children and pets. Forced air natural gas heat, central air conditioning, Kinetico water system, 200 amp panel, generator, high speed internet and plenty of parking for family and friends on the paved driveway. Did I mention the attached insulated and heated double car garage? Desirable school district, minutes to lakes, parks, trails and all the amenities you want and need in Orillia......this truly is a forever home!
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Property Summary
This detached home located at 1862 Providence Lane, Severn is currently for sale and has been available on SousaSells for 560 days. This property is listed at $1,188,000 with an estimated mortgage of $3,954* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 1862 Providence Lane, Severn is in the Marchmont 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
Fenced Yard, Level, School Bus Route, Park
Interior Features
Air Exchanger, Auto Garage Door Remote, Bar Fridge, Carpet Free, Generator - Full, Primary Bedroom - Main Floor, Water Softener, Water Treatment
Security Features
Community Features
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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 1862 Providence Lane, Severn, ON L3V 0V6
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 $1,188,000 in Severn, the legal minimum down payment is $237,600 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 $20,235 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 $20,235.
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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.