2377 Orimat Road, Severn, ON

$2,150,000
MLS#:S9236150
4 beds
3 baths
3500-5000 sqft
14.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 9, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft rural residential located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $2,150,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 135.78 x 989.44 ft lot
  • Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available
  • Notable attributes: Generator - Full, Bar Fridge, Propane Tank
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Experience the epitome of luxury waterfront living with this exquisite cottage along the Trent Severn Waterway. With a recent addition completed in 2022, this opulent retreat offers unparalleled comfort and elegance. Upon entry, you'll find a spacious Muskoka room, expanded for enhanced relaxation space, seamlessly blending indoor-outdoor living. The new primary suite boasts with its ensuite, walk-in closet, and private balcony. Featuring 4 bedrooms and a generous loft area for a games room or extra sleeping quarters, this haven is ideal for hosting guests or serene getaways. The Muskoka room includes a pool table and cozy seating area with a wood stove. Abundant natural light floods the main floor through large sliding glass doors and windows, illuminating the open-concept kitchen and living area. Professional-grade appliances and a stone wood fireplace create a welcoming atmosphere. Step onto the expansive deck to enjoy breathtaking river views and gather around the Muskoka granite fire pit under the stars. A new crib dock and aluminum docks with covered top offer easy access to the water for various activities. Located on a private maintained road, accessibility is ensured year-round. The basement provides ample storage and workshop space. Equipped with a full Nest system, including thermostat and CO/Smoke Detectors, this cottage seamlessly integrates modern technology for added convenience and peace of mind. Don't miss this chance to own waterfront paradise!

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Property Summary

This rural residential located at 2377 Orimat Road, Severn is currently for sale and has been available on SousaSells for 718 days. This property is listed at $2,150,000 with an estimated mortgage of $7,157* per month. It has 4 beds, 3 bathrooms, and is 3500-5000 square feet. 2377 Orimat 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

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 9, 2024
Sold price information is available to members only
Listed Date7/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBungaloft
ConstructionWood , Stone
BasementUnfinished, Separate Entrance
Lot Size135.78 × 989.44 Feet
CountySimcoe
Annual Tax$7,375.76
Legal DescriptionPT LT 8 CON 12 MATCHEDASH AS IN RO1405357; S/T RO1417984; SEVERN

Parking & Garage

Parking Total14.0
Parking Space14
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Lake Access, River/Stream, Waterfront

Interior Features

Generator - Full, Bar Fridge, Propane Tank, Storage, Central Vacuum

Security Features

Security System

Community Features

Location

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2377 Orimat Road, 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 2377 Orimat Road, Severn, ON P0E 1N0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$645,000 (30.0%)
* Minimum Canadian down payment required for this price is $430,000.
Amortization Period30 Years
Estimated Monthly Payment$7,157Based on a loan of $1,505,000 over 30 years.
Purchase Price$2,150,000
Loan Amount$1,505,000
Provincial Land Transfer Tax:$40,225
Total Estimated Closing Taxes:$40,225

About Purchasing a Home in Severn, ON

For a property listed at $2,150,000 in Severn, the legal minimum down payment is $430,000 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 $40,225 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 $40,225.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,144,041

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.