Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Marchmont. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,599,900 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.
Welcome to this stunning custom-built raised executive bungalow, set on a quiet street in one of the area's most sought-after neighbourhoods. Offering over 4,000 sq. ft. of beautifully finished living space, this home perfectly blends luxury, comfort, and versatility. Impressive curb appeal features a 3-car garage and an expansive paved driveway w/parking for 10+ vehicles. Inside, you'll find a bright, open-concept layout with oversized windows and elegant finishes throughout.The heart of the home is the beautiful white chef's kitchen, complete with quartz countertops, stainless steel appliances, and a large island. It flows seamlessly into the dining area and great room, where a striking two-sided fireplace creates a warm and inviting space for everyday living and entertaining. The private primary suite offers a peaceful retreat with a spa-inspired ensuite. A separate bedroom wing includes two additional spacious bedrooms and a full bathroom. The fully finished lower level adds even more living space with a large rec room, exercise area,3-piece bath, and a fourth bedroom. A fully self-contained 1-bedroom suite offers incredible flexibility for extended family or potential rental income, complete with its own kitchen, living area with gas fireplace,bathroom, laundry, and garage & patio access. Step outside to a professionally landscaped backyard featuring an inground saltwater pool, mini putt area, covered deck, separate suite patio, and expansive yard, perfect for relaxing or entertaining. Located just minutes to Orillia, Rotary Place, and Lake head University, and within walking distance to parks, trails, and Marchmont Public School, this home also offers easy access to nearby lakes and ski hills for year-round enjoyment. A rare opportunity to own a move-in-ready home that truly has it all.
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Air Exchanger, Auto Garage Door Remote, Bar Fridge, Water Heater, Water Softener, Sump Pump, In-Law Suite, Accessory Apartment, Central Vacuum, In-Law Capability, Primary Bedroom - Main Floor, Storage
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This could be the first listing for this address.
Data-driven valuation for 2055 Elana Drive, Severn, ON L3V 0C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
About Purchasing a Home in Severn, ON
For a property listed at $1,599,900 in Severn, the legal minimum down payment is $319,980 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 $28,473 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 $28,473.
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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.