3305 Summerhill Way, Unit 7, Severn, ON

$749,999
MLS#:E12040083
2 beds
3 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
Loading property media...
⚠️

Property no longer active

This property was sold on June 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow other located in the coveted neighborhood of West Shore. Expertly crafted featuring premium board & batten and hardboard construction, this residence presents an exceptional opportunity offered at $749,999 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 3 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None

Description

Live the ultimate lakeside lifestyle in this rare bungalow, nestled within a private gated community at the northern tip of Lake Couchiching. Enjoy exclusive access to a stunning 300-ft sandy beach, perfect for swimming, kayaking, and lakeside relaxation. This dog-friendly neighbourhood offers a true sense of community and the security to travel with peace of mind, knowing your home is safe. One of the only homes in the community with a private, fully fenced backyard, this property is ideal for pets and outdoor enjoyment. Inside, the beautifully designed open-concept floor plan features 2 bedrooms, 3 bathrooms, and main-floor living for ultimate convenience. The bright and spacious living area flows seamlessly into the modern kitchen, perfect for entertaining. The primary suite is a private retreat with an ensuite bath, while the second bedroom is great for guests or a home office. Downstairs, the finished basement offers additional living space, ample storage, and a finished storage room, plus potential for extra sleeping arrangements. Low-maintenance living meets natural beauty in this rare opportunity-dont miss your chance to call it home! Book your showing today.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 3305 Summerhill Way, Severn is currently for sale and has been available on SousaSells for 479 days. This property is listed at $749,999 with an estimated mortgage of $2,496* per month. It has 2 beds, 3 bathrooms, and is 1000-1199 square feet. 3305 Summerhill Way, Severn is in the West Shore neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 4, 2025
Sold price information is available to members only
Listed Date3/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeOther
Architectural StyleBungalow
ConstructionBoard & Batten , Hardboard
BasementFull, Finished
CountySimcoe
Annual Tax$3,466

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Features

Property Features

Waterfront, Golf, Lake/Pond, Fenced Yard, Beach

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

Initializing map...
3305 Summerhill Way, Unit 7, Severn, ON
Loading local market trends...

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 3305 Summerhill Way, Severn, ON L3V 0E1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$225,000 (30.0%)
* Minimum Canadian down payment required for this price is $50,000.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $524,999 over 30 years.
Purchase Price$749,999
Loan Amount$524,999
Provincial Land Transfer Tax:$11,475
Total Estimated Closing Taxes:$11,475

About Purchasing a Home in Severn, ON

For a property listed at $749,999 in Severn, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$870,609

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.