1961 Marchmont Road, Severn, ON
Property no longer active
This property was sold on November 26, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Marchmont. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $675,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 134.52 x 294.96 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 26.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover the charm of this century farmhouse, nestled in the heart of Marchmont on over an acre of lush, scenic land. Situated beside the tranquil North River where the water flows from the old mill pond, this three-bedroom, one-bathroom home offers a unique canvas for those with a vision to restore its historic beauty. The property includes two expansive detached garages, each 32'x24' with dedicated electrical, perfect for storage, workshop space, or creative projects. Just minutes from Bass Lake and a short drive to Orillia, this location provides a perfect blend of serene country living and convenient access to town amenities. Embrace the potential of this rare find and make it your own slice of countryside paradise in the sought-after community of Marchmont.
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Property Summary
This detached home located at 1961 Marchmont Road, Severn is currently for sale and has been available on SousaSells for 616 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 1961 Marchmont Road, Severn is in the Marchmont neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1961 Marchmont Road, 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 $675,000 in Severn, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.