1 Murphy Street, Springwater, ON

$849,000
MLS#:S9055934
3 beds
3 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Hillsdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 101 x 213 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sewage Pump, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

ENCHANTING RAISED BUNGALOW IN A QUIET NEIGHBOURHOOD ON A SPRAWLING HALF-ACRE LOT! Nestled in the serene Hillsdale neighbourhood, close to Highway 400, this home offers tranquillity and accessibility. Centrally located amidst many amenities, including skiing, hiking trails, snowmobile trails, golf courses, shops, and the sprawling Simcoe County forests, every day promises new adventures at your doorstep. Situated within a short distance of Elmvale, Wasaga Beach, and Barrie, this residence ensures effortless access to abundant conveniences. The half-acre lot features a spacious rear yard with a shed and deck. Inside, neutral tones and large windows create a bright and inviting atmosphere. The open-concept kitchen and dining area seamlessly flow together, featuring a sliding door walkout to the back deck, while the kitchen is equipped with elegant white cabinets and a convenient double sink. The primary bedroom offers a walk-in closet and ensuite with a jetted tub, while two additional bedrooms share a 4-piece bathroom. The finished basement has a separate entrance, a rec room with a fireplace, and a 2-piece bathroom. Experience the epitome of country living with modern comforts in this exceptional #HomeToStay, where every detail is thoughtfully designed to enhance your lifestyle.

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Property Summary

This detached home located at 1 Murphy Street, Springwater is currently for sale and has been available on SousaSells for 721 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 1 Murphy Street, Springwater is in the Hillsdale neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 12, 2024
Sold price information is available to members only
Listed Date7/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished, Full
Lot Size101 × 213 Feet
CountySimcoe
Annual Tax$3,005.13
Legal DescriptionPCL 5-1 SEC 51M595; LT 5 PL 51M595 TOWNSHIP OF SPRINGWATER

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Rec./Commun.Centre, School

Interior Features

Sewage Pump, Sump Pump

Security Features

Community Features

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Location

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1 Murphy Street, Springwater, 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 1 Murphy Street, Springwater, ON L0L 1V0

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 Springwater.

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Interest Rate4.00%
Down Payment$254,700 (30.0%)
* Minimum Canadian down payment required for this price is $59,900.
Amortization Period30 Years
Estimated Monthly Payment$2,826Based on a loan of $594,300 over 30 years.
Purchase Price$849,000
Loan Amount$594,300
Provincial Land Transfer Tax:$13,455
Total Estimated Closing Taxes:$13,455

About Purchasing a Home in Springwater, ON

For a property listed at $849,000 in Springwater, the legal minimum down payment is $59,900 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 $13,455 for this transaction. As this listing is in Springwater (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Hillsdale, Springwater.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,038,951

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.