108 Rugman Crescent, Springwater, ON

$1,490,000
MLS#:S13500220
7 beds
7 baths
3500-5000 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Centre Vespra. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,490,000 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.

  • 7 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 18.9 x 43 ft lot
  • Features a apartment, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Central Vacuum, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxury, space, and versatility come together in this exceptional Stonemanor Woods residence. Offering over 5,400 sq. ft. of beautifully finished living space, this impressive 5+2 bedroom, 6.5 bathroom home delivers the perfect balance of elegance, functionality, and income potential. Step inside to sun-filled open-concept living spaces enhanced by all-new engineered European oak flooring throughout the main and upper levels, custom roller shades, and stylish quartz countertops in the kitchen and every bathroom. The heart of the home is the inviting chef-inspired kitchen with a generous breakfast area overlooking the family room, where a gas fireplace creates a warm and welcoming atmosphere. Multiple living spaces provide flexibility for entertaining, working from home, or relaxing, including a spacious living and dining room and a separate den/library. A beautifully renovated powder room completes the main level. Upstairs, every bedroom features a walk-in closet with custom organizers and its own ensuite. The luxurious primary bedroom has been recently renovated and offers a spacious walk-in closet and an elegant 5-piece ensuite. The upstairs balcony provides the perfect place to enjoy your morning coffee or unwind at the end of the day. The fully finished legal second dwelling in the basement features a separate entrance, large windows, two bedrooms, a den, family room, full kitchen, two full bathrooms, and separate laundry, creating outstanding rental income or multi-generational living opportunities. Outside, enjoy a triple-car garage, updated backyard patio, and landscaped front flower beds. Blending luxury finishes, exceptional living space, and the added value of a fully self-contained legal second dwelling, this remarkable property offers a rare opportunity to enjoy luxury living with income potential just minutes from Barrie and an easy drive to the GTA.

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Key Features

Bedrooms
7
Bathrooms
7
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment, Finished, Separate Entrance
Lot Size18.9 × 43 Metres
CountySimcoe
Annual Tax$8,621.95
Legal DescriptionLOT 61, PLAN 51M1147 SUBJECT TO AN EASEMENT FOR EN

Parking & Garage

Parking Spaces7.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite, Central Vacuum, Water Softener, Sump Pump

Security Features

Community Features

Location

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108 Rugman Crescent, 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 108 Rugman Crescent, Springwater, ON L9X 2A5

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 Springwater.

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Interest Rate5.25%
Down Payment$298,000 (20.0%)
* Minimum Canadian down payment required for this price is $298,000.
Amortization Period25 Years
Estimated Monthly Payment$7,103Based on a loan of $1,192,000 over 25 years.
Purchase Price$1,490,000
Loan Amount$1,192,000
Provincial Land Transfer Tax:$26,275
Total Estimated Closing Taxes:$26,275

About Purchasing a Home in Springwater, ON

For a property listed at $1,490,000 in Springwater, the legal minimum down payment is $298,000 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 $26,275 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 $26,275.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,335,153

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.