2517 Norton Road, Severn, ON

$1,499,900
MLS#:S11893315
3 beds
3 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 29, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,499,900 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 3 Bathrooms
  • Premium 105 x 199 ft lot size
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Other
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Your waterfront dream home is ready. Custom built in 2019. Imagine waking up in your 300 sq. ft. Primary Bedroom overlooking to Severn River and walking out to your 577 sq. ft. deck for morning coffee. This house has everything from top to bottom even a dog wash in double garage. 9' ceilings through out add to the open concept design of this Home. Main floor with a covered front porch and 3 patio doors to walk out to your 600 sq. ft. deck beside the Severn river. Main level has in floor heat along with propane forced air furnace, fireplaceand central A/C. Located 20 minutes from Orillia and Costco and a hour and 45 minutes from the GTA. Kitchen has lots of cupboards and a large island with white quartz countertops. This can be your home to enjoy Christmas in this year. Direct access to Sparrow Lake and the Trent Severn Canal system.

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Property Summary

This detached home located at 2517 Norton Road, Severn is currently for sale and has been available on SousaSells for 579 days. This property is listed at $1,499,900 with an estimated mortgage of $4,993* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 2517 Norton 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
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 29, 2025
Sold price information is available to members only
Listed Date12/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Stone
BasementNone
Lot Size105 × 199 Feet
CountySimcoe
Annual Tax$5,948
Legal DescriptionPT LT 13 CON 15 NORTH ORILLIA AS IN RO600491; SEVERN

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Other

Security Features

Community Features

Location

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2517 Norton 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 2517 Norton Road, Severn, ON L0K 2B0

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$449,970 (30.0%)
* Minimum Canadian down payment required for this price is $299,980.
Amortization Period30 Years
Estimated Monthly Payment$4,993Based on a loan of $1,049,930 over 30 years.
Purchase Price$1,499,900
Loan Amount$1,049,930
Provincial Land Transfer Tax:$26,473
Total Estimated Closing Taxes:$26,473

About Purchasing a Home in Severn, ON

For a property listed at $1,499,900 in Severn, the legal minimum down payment is $299,980 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 $26,473 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 $26,473.

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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.