3490 Wainman Line, Severn, ON

$1,299,900
MLS#:S12113316
4 beds
3 baths
2000-2500 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 13, 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 brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 146.97 x 329.89 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: On Demand Water Heater, Water Heater Owned, Water Purifier
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A Hidden Gem in Sought-After Marchmont! Welcome to your dream country residence perfectly nestled on 1.1 acres at the edge of the city. Located in the desirable community of Marchmont, this beautifully renovated and updated home offers a serene lifestyle with all the modern conveniences you need. Step inside to discover a brand-new kitchen featuring a new stove, dishwasher, tile floors, and fresh paint throughout. The dining area boasts a new sliding door, allowing natural light to pour in while providing easy access to the backyard oasis. The oversized double garage with inside entry offers ample space for vehicles and storage. The home features 4 large bedrooms, ideal for growing families. Numerous upgrades ensure peace of mind, including new siding, eavestroughs, new bathroom fans, a new electrical panel with a surge protector, and a Generac generator for backup power. Hot water on demand and a state-of-the-art water system complete with reverse osmosis, an iron filter and a water softener add further value to this meticulously cared-for property. The fully fenced backyard is a private retreat surrounded by mature trees, featuring a new front and rear deck, professional landscaping, a cozy firepit, and a shed. Enjoy morning coffee on the charming front porch or unwind in the hot tub while watching romantic sunsets. There's even space for RV parking and a new farm gate for added convenience, plus fresh pointing on the chimney for a polished exterior. Situated on a school bus route, 5 minutes to Bass Lake Provincial Park, and 15 minutes to Mount St Louis Moonstone or Horseshoe Valley Ski Resorts, this is truly the perfect place to raise your family. Don't miss this unique opportunity to call Marchmont your home! Book your private showing today and fall in love with everything this incredible property has to offer!

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Property Summary

This detached home located at 3490 Wainman Line, Severn is currently for sale and has been available on SousaSells for 443 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 3490 Wainman Line, 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
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 13, 2025
Sold price information is available to members only
Listed Date4/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front, Vinyl Siding
BasementFull, Partially Finished
Lot Size146.97 × 329.89 Feet
CountySimcoe
Annual Tax$3,273
Legal DescriptionPT E1/2 LT 5 CON 1 NORTH ORILLIA PT 2, 51R7621; SEVERN

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Hospital, Park, School Bus Route, Skiing

Interior Features

On Demand Water Heater, Water Heater Owned, Water Purifier, Water Softener, Water Treatment

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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3490 Wainman Line, 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 3490 Wainman Line, Severn, ON L3V 0Z5

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.

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Interest Rate4.00%
Down Payment$389,970 (30.0%)
* Minimum Canadian down payment required for this price is $259,980.
Amortization Period30 Years
Estimated Monthly Payment$4,327Based on a loan of $909,930 over 30 years.
Purchase Price$1,299,900
Loan Amount$909,930
Provincial Land Transfer Tax:$22,473
Total Estimated Closing Taxes:$22,473

About Purchasing a Home in Severn, ON

For a property listed at $1,299,900 in Severn, the legal minimum down payment is $259,980 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 $22,473 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 $22,473.

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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.