2231 Foxmead Road, Severn, ON
Property no longer active
This property was sold on November 12, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium board & batten and concrete construction, this residence presents an exceptional opportunity offered at $949,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 165.05 x 265.16 ft lot
- Features a full, partially 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: Water Heater, Water Purifier, Water Treatment
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Exquisite Custom-Built 2 Bed, 2 Bath Bungalow on 1 Acre Lot. Discover this impeccably crafted 2 bedroom, 2 bathroom bungalow, nestled on a spacious 1 acre lot. Built to the highest standards, this home showcases both innovative design and superior construction quality for comfort, energy efficiency, and longevity. Key Features: Solid Construction, Built with Insulated Concrete Forms (ICF), this home boasts enhanced thermal efficiency, durability, and noise reduction, offering year-round comfort and reduced energy bills. Advanced Drainage System: Equipped with a gravity drainage system to ensure optimal water management, protecting the property from moisture issues. Insulated Basement Floor: Beneath the basement floor lies a robust vapour barrier and Styrofoam insulation, preventing moisture infiltration and maintaining consistent temperature control. Finished Basement Walls: The basement perimeter walls have been drywalled, providing a polished look and creating an ideal space for customization perfect for a home gym, recreation room, or additional living space. This bungalow offers a seamless blend of modern building practices and thoughtful design, set in a serene location with ample space to enjoy outdoor living. Whether you are looking for a peaceful retreat or a home with enduring structural integrity, this property promises comfort, style, and reliability. Don't miss out on the chance to own a home that stands above the rest.
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Property Summary
This detached home located at 2231 Foxmead Road, Severn is currently for sale and has been available on SousaSells for 613 days. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 2231 Foxmead Road, Severn is in the Rural Severn 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
Interior Features
Water Heater, Water Purifier, Water Treatment, Sump Pump, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor
Security Features
Community Features
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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 2231 Foxmead Road, Severn, ON L0L 1E0
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 $949,000 in Severn, the legal minimum down payment is $69,900 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 $15,455 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 $15,455.
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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.