2147 Elana Drive, Severn, ON

$1,699,900
MLS#:S9238310
5 beds
3 baths
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 20, 2024. 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 Bass Lake. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 95 x 287 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

*As seen on Country House Hunters Canada - Season 2* Stunning Executive Bungalow! Custom Built and well thought out layout compared to similar homes. Expansive footprint of more than 3,700 sq. ft. of finished living space. Privacy++ on this almost 1 acre Premium Wooded Estate Lot on the quietest section of the street in this highly desired and exclusive neighborhood! Impressive 5 large bedrooms & 4 bathrooms. Open concept Eat-In Kitchen and Great Room. The primary bedroom is set up as a private escape, with your fully appointed ensuite and 3 closets! The ensuite boasts a soaker tub, separate shower and double sinks. The wing opposite the primary suite, offers 2 bedrooms, a second full washroom and a guest washroom. The oversized mudroom welcomes you home and has direct entry from the garage. Separate main floor laundry room is perfect to keep the home functioning efficiently! Professionally landscaped backyard with irrigation system and an inground pool that features an oversize cabana to die for! You will feel like you are at the spa or on a vacation in your own private outdoor space. Perfect for entertaining year round! No shortage of built-ins and shed space, playhouse, batting cage, zipline for the kids in your life! Walkout from the basement directly to the backyard allows for a potential In-Law Suite! Double car garage with large paved driveway to park your showpieces and toys, parking for 10! Walking distance to the neighbourhood park and trails or Marchmont Public School. Quick 5 minute drive to Orillia, and close proximity to Rotary Place, Lakehead University, the surrounding trails and all the lakes the area has to offer. Only 15 minutes to the ski hills at either Horseshoe Valley or Mt. St. Louis. No detail missed! This is the home and location you have been waiting for!

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Property Summary

This detached home located at 2147 Elana Drive, Severn is currently for sale and has been available on SousaSells for 714 days. This property is listed at $1,699,900 with an estimated mortgage of $5,658* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 2147 Elana Drive, Severn is in the Bass Lake neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 11, 2024
Sold price information is available to members only
Listed Date8/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size95 × 287 Acres
CountySimcoe
Annual Tax$6,231.96
Legal DescriptionLOT 11, PLAN 51M1008 SUBJECT TO AN EASEMENT FOR ENTRY UNTIL 2018/05/28 AS IN SC1058861 TOWNSHIP OF SEVERN

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Park, Skiing, School, Rec./Commun.Centre, Wooded/Treed

Interior Features

Auto Garage Door Remote, Bar Fridge, Central Vacuum, In-Law Capability, Sump Pump, Ventilation System, Water Heater

Security Features

Community Features

Location

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2147 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 2147 Elana Drive, Severn, ON L3V 0C1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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 Rate4.00%
Down Payment$509,970 (30.0%)
* Minimum Canadian down payment required for this price is $339,980.
Amortization Period30 Years
Estimated Monthly Payment$5,658Based on a loan of $1,189,930 over 30 years.
Purchase Price$1,699,900
Loan Amount$1,189,930
Provincial Land Transfer Tax:$30,473
Total Estimated Closing Taxes:$30,473

About Purchasing a Home in Severn, ON

For a property listed at $1,699,900 in Severn, the legal minimum down payment is $339,980 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 $30,473 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 $30,473.

Similar Listings Nearby

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$1,250,692

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.