4164 Forest Wood Drive, Severn, ON

$1,299,000
MLS#:S9257936
4 beds
4 baths
2000-2500 sqft
13.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,299,000 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 124.5 x 409.17 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

EXQUISITE BUNGALOW ON 1.4 ACRES IN A COVETED ESTATE NEIGHBOURHOOD WITH A BACKYARD OASIS & INGROUND SALTWATER POOL! This remarkable property, nestled in a tranquil cul-de-sac within a sought-after estate neighbourhood just beyond the city limits, offers the epitome of peaceful living. With its prime location mere minutes from Highway 11, it provides swift access to nearby trails, golf courses, and Orillia's amenities. Conveniently positioned a stone's throw from Lake Couchiching, it grants easy public lake access. Set upon 1.4 sprawling acres, the property harmoniously blends open expanse with wooded charm, creating a serene oasis for relaxation and recreation. The yard features an expansive inground saltwater pool, a spacious deck, a hot tub, two fire pit areas, a pergola, two sheds, and an irrigation system. A triple-car garage positioned to the side and ample driveway parking accommodate up to 10 vehicles. Stunning curb appeal welcomes you home, leading to over 4,500 square feet of finished living space adorned with hardwood floors and tasteful finishes throughout. The chefs kitchen boasts ample cabinet space, two islands, stainless steel appliances, and pot lights. The primary bedroom oasis features a luxurious 5-piece ensuite, while two additional bedrooms share a jack-and-jill bathroom. The fully finished basement is an entertainers delight offering a bar area, theatre room, family room with a fireplace, full bathroom, and a fourth bedroom, providing versatility and comfort for all. Don't miss the opportunity to own this stunning #HomeToStay in a coveted location with your own backyard sanctuary!

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Property Summary

This detached home located at 4164 Forest Wood Drive, Severn is currently for sale and has been available on SousaSells for 700 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 4164 Forest Wood 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
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date8/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Stucco (Plaster)
BasementFinished, Full
Lot Size124.5 × 409.17 Feet
CountySimcoe
Annual Tax$5,543.54
Legal DescriptionLOT 2, PLAN 51M709, S/T RIGHT UNTIL DEC 31ST 2025 AS IN SC148795; SEVERN

Parking & Garage

Parking Spaces13.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Hospital, Lake/Pond, Place Of Worship, Rec./Commun.Centre

Interior Features

Sump Pump

Security Features

Community Features

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Location

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4164 Forest Wood 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 4164 Forest Wood Drive, Severn, ON L3V 6H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$389,700 (30.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period30 Years
Estimated Monthly Payment$4,324Based on a loan of $909,300 over 30 years.
Purchase Price$1,299,000
Loan Amount$909,300
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Severn, ON

For a property listed at $1,299,000 in Severn, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.

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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.