3233 SHOREVIEW Drive, Severn, ON

$589,900
MLS#:S12622832
3 beds
2 baths
6.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on November 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $589,900 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 2 Bathrooms
  • Premium 114 x 163 ft lot size
  • Features a partial basement, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via oil

Description

Welcome to 3233 Shoreview Drive, your lake front community without the lake front price! This home is great for the starter or the downsizer. 3 bedrooms, updated main bath and added three pc bath in lower level. Newer kitchen and flooring, some newer windows and front entry door. Shingles were replaced in 2021. Lower level has a mostly finished rec room, laundry room with storage and utilities. Outside you have a level yard great for the kids or a nice entertaining area. This community has a shared ownership waterfront area as well a municipal park for picnics and water access. Municipal water and your own septic service this area. Near by is municipal boat launch, marina, golf, casino rama, convenience stores including grocery and lcbo.

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Property Summary

This detached home located at 3233 SHOREVIEW Drive, Severn is currently for sale and has been available on SousaSells for 693 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 3233 SHOREVIEW Drive, 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
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionAluminum Siding
BasementPartial Basement, Partially Finished
Lot Size114 × 163
CountySimcoe
Annual Tax$2,060
Legal DescriptionLot 59, Plan 1609, North Orillia, Township of Severn, County of Simcoe

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Water Heater, Sump Pump

Security Features

Community Features

Location

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3233 SHOREVIEW 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 3233 SHOREVIEW Drive, 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$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Severn, ON

For a property listed at $589,900 in Severn, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.

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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.