2618 Grand Tamarack Crescent, Severn, ON

$575,000
MLS#:S9345461
3 beds
4 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 11, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $575,000 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 32.9 x 125.68 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

SPACIOUS MOVE-IN-READY TOWNHOME WITH EASY ACCESS TO AMENITIES & HWY 11! Nestled in picturesque surroundings, this stunning move-in-ready freehold end unit townhome offers tranquility & natural beauty. Conveniently located close to Orillia, this home offers easy access to shopping, parks, Cumberland Beach, schools, and a public boat launch steps away. With Highway 11 just a minute away, commuting is a breeze. Backing onto EP land with additional greenspace on one side, it promises a serene retreat. This home offers an expansive nearly 2250 square feet of finished living space. The well-appointed kitchen with stainless steel appliances & white cabinets connects seamlessly to the dining room with a walkout to a deck. The primary bedroom features three closets & an ensuite. The bright & well-maintained interior features 9-foot ceilings on the first two levels & 8-foot ceilings on the 3rd level.

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Property Summary

This townhouse located at 2618 Grand Tamarack Crescent, Severn is currently for sale and has been available on SousaSells for 673 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 2618 Grand Tamarack Crescent, 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
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick Front, Vinyl Siding
BasementFinished, Full
Lot Size32.9 × 125.68 Feet
CountySimcoe
Annual Tax$3,048
Legal DescriptionPART BLOCK 10, PLAN 51M1091, BEING PART 5 ON 51R40599 TOWNSHIP OF SEVERN

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, School

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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2618 Grand Tamarack Crescent, 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 2618 Grand Tamarack Crescent, Severn, ON L3V 7A8

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.

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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$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Severn, ON

For a property listed at $575,000 in Severn, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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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.