124 RITCHIE Crescent, Springwater, ON

$774,900
MLS#:S12556352
4 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 16, 2025. 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 Elmvale. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $774,900 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 1100-1500 sqft on a premium 42 x 100.61 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Auto Garage Door Remote, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 124 Ritchie Crescent, where refined design meets peaceful country charm. This beautifully crafted bungalow by Still Homes backs onto endless acres of farmland, offering privacy and breathtaking views. With over 2,300 sq. ft. of thoughtfully finished living space, this home blends luxury, comfort, and style. The main level features two spacious bedrooms, two full bathrooms, and convenient main-floor laundry. The finished lower level adds a third bedroom, a full bath, and a home office that can easily function as a fourth bedroom. With direct access from the garage, the basement is ideal for in-laws or extended family. Upgrades throughout include engineered hardwood floors, smooth 9' ceilings with pot lights and designer fixtures, a fireplace with built-in shelving, and a custom 12' x 8' patio door that frames the open farm views. The foyer, bathrooms, and laundry area feature upgraded ceramic tile, and the trim and window casings have all been upgraded. The kitchen is a showpiece with quartz counters, white shaker cabinetry, a farmhouse sink, tiled backsplash, under-cabinet lighting, a gas range, chimney hood fan, stainless steel Maytag appliances, and a water line to the fridge. Downstairs, you'll find luxury vinyl floors, smooth ceilings, cinema pot lights, and a spa-like bathroom with heated tile and a glass shower. If you're looking for a move-in-ready home with top-tier finishes and peaceful surroundings, this one is a must-see.

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Property Summary

This detached home located at 124 RITCHIE Crescent, Springwater is currently for sale and has been available on SousaSells for 241 days. This property is listed at $774,900 with an estimated mortgage of $2,579* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 124 RITCHIE Crescent, Springwater is in the Elmvale 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 16, 2025
Sold price information is available to members only
Listed Date11/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished, Separate Entrance
Lot Size42 × 100.61 Feet
CountySimcoe
Annual Tax$3,071.78
Legal DescriptionLOT 14, PLAN 51M1186 SUBJECT TO AN EASEMENT IN GROSS OVER PART 7 ON PLAN 51R42532 AS IN SC1692618 TOWNSHIP OF SPRINGWATER

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School

Interior Features

In-Law Capability, Auto Garage Door Remote, ERV/HRV, Primary Bedroom - Main Floor, Sump Pump

Security Features

Community Features

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Location

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124 RITCHIE 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 124 RITCHIE Crescent, Springwater, ON L0L 1P0

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$232,470 (30.0%)
* Minimum Canadian down payment required for this price is $52,490.
Amortization Period30 Years
Estimated Monthly Payment$2,579Based on a loan of $542,430 over 30 years.
Purchase Price$774,900
Loan Amount$542,430
Provincial Land Transfer Tax:$11,973
Total Estimated Closing Taxes:$11,973

About Purchasing a Home in Springwater, ON

For a property listed at $774,900 in Springwater, the legal minimum down payment is $52,490 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 $11,973 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 $11,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$802,942

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.