3659 Shadow Creek Road, Severn, ON

$699,000
MLS#:S9296345
4 beds
3 baths
2000-2500 sqft
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 28, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of West Shore. Expertly crafted featuring premium brick front and metal/steel siding construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 74.52 x 200 ft lot
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, In-Law Capability, In-Law Suite
  • Efficient baseboard heating via electric

Description

Located in the waterfront community of Bayou Park in Severn's Westshore of Lake Couchiching, this raisedbungalow offers a comfortable and versatile living space. The main level features 2 bedrooms (previously 3and easily convertible back), an updated kitchen, a living room, a dining room, a 4-piece bathroom, and a 2-piece ensuite. The lower level, suitable for in-law accommodation, includes a second kitchen, 2 additional bedrooms, a family room, a sitting area, a laundry room, and a 3-piece bathroom. The large foyer provides access to the garage and the expansive backyard, which boasts a large deck, patio area, garden, and two sheds. Membership in the Bayou Park Rate Payers Association, costing just $35 per year, grants access to the Lake Couchiching waterfront property, where numerous family events take place annually. Additionally, a nearby park, located just two doors down, features a play structure, ball diamond, and pavilion. This prime location offers easy access to Lake Couchiching, a boat launch, and is just 10 minutes from Orillia and Washago, and approximately 1 hour and 20 minutes from the GTA.

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Property Summary

This detached home located at 3659 Shadow Creek Road, Severn is currently for sale and has been available on SousaSells for 682 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 3659 Shadow Creek Road, 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
4
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 28, 2024
Sold price information is available to members only
Listed Date9/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick Front, Metal/Steel Siding
BasementApartment, Finished
Lot Size74.52 × 200 Feet
CountySimcoe
Annual Tax$3,191.84
Legal DescriptionLT 14 PL 1328 NORTH ORILLIA:SEVERN

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Level, School Bus Route, School, Park

Interior Features

Accessory Apartment, In-Law Capability, In-Law Suite

Security Features

Community Features

Location

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3659 Shadow Creek 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 3659 Shadow Creek Road, Severn, ON L3V 0V8

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.

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Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Severn, ON

For a property listed at $699,000 in Severn, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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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

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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.