1962 Elana Drive, Severn, ON

$1,224,900
MLS#:S13037838
3 beds
4 baths
1100-1500 sqft
14.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bass Lake. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,224,900 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 89.08 x 285.16 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 1962 Elana Drive, a true entertainer's dream. Located in prestigious Bass Lake Woodlands, this beautifully maintained ranch bungalow offers the perfect blend of space, style, and turnkey living on an over half acre lot. From the moment you arrive, the beautiful brick and stone exterior, manicured gardens, triple-wide paved driveway, and triple car attached garage create exceptional curb appeal. The attached garage offers inside access to the mudroom/laundry room, plus tandem rear doors leading directly to the backyard and detached garage. The fully insulated 939 sq/ft detached garage with loft storage and double door access is perfect for storing vehicles, toys, tools, or creating the ultimate workshop, mancave, or hobby space. Inside, the bright open concept main floor is filled with natural light from front to back, featuring hardwood flooring, a cozy gas fireplace in the living room, and seamless flow between the living, dining, and kitchen spaces. The kitchen offers quartz counters, tiled backsplash, and S/S appliances, while the dining room walkout to the rear deck allows for easy indoor and outdoor entertaining. The main floor features 3 generous bedrooms, including the primary suite with walk-in closet and shelving, and an updated 4-piece ensuite with glass shower, along with a full 4-piece bath and a convenient 2-piece powder room off the mudroom, ideal for guests coming in from the pool. Downstairs, the fully finished basement offers an expansive rec room with a second gas fireplace, built-in shelving, spacious wet bar with illuminated cabinetry, an additional full 4-piece bath, and flexible bonus space that could easily become a 4th bedroom. The fully fenced backyard is the true showstopper with a beautiful in-ground pool, spacious deck, and private outdoor space made for summer entertaining. Ideally located with quick access to Orillia amenities, HWY 12, HWY 11, and within the highly sought-after Marchmont school zone. New A/C June 2026.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished, Full
Lot Size89.08 × 285.16 Feet
CountySimcoe
Annual Tax$5,477.2
Legal DescriptionLOT 21, PLAN 51M908, S/T EASEMENT IN GROSS OVER PT 1 PL 51R36184 AS IN SC664018, S/T EASEMENT IN GROSS OVER PT 8 51R36185 AS IN SC664860; SEVERN SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1061604

Parking & Garage

Parking Spaces14.0
Garage Spaces9
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Golf, Lake/Pond, Skiing, Park

Interior Features

Other, Sump Pump

Security Features

Community Features

Location

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1962 Elana Drive, 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 1962 Elana Drive, Severn, ON L3V 0C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate5.25%
Down Payment$244,980 (20.0%)
* Minimum Canadian down payment required for this price is $244,980.
Amortization Period25 Years
Estimated Monthly Payment$5,840Based on a loan of $979,920 over 25 years.
Purchase Price$1,224,900
Loan Amount$979,920
Provincial Land Transfer Tax:$20,973
Total Estimated Closing Taxes:$20,973

About Purchasing a Home in Severn, ON

For a property listed at $1,224,900 in Severn, the legal minimum down payment is $244,980 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 $20,973 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 $20,973.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bass Lake, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,139

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.