16 Spence Avenue, Springwater, ON

$1,200,000
MLS#:S13478910
3 beds
2 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Midhurst. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,200,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 92.81 x 149.99 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

You know those homes. The ones you drive past slowly because something about them catches your eye. The kind of home that makes you turn your head and quietly say, "Wow...that's beautiful." What you don't see from the street may be even more impressive. What appears to be one of Midhurst's most charming homes quietly hides a private backyard oasis complete with mature trees, exceptional perennial gardens, an inground pool, pool house and shed, and a level of privacy that feels worlds away from the city. It's almost magical how it transforms every day life into something special. Set on a beautifully landscaped 0.40-acre lot, the current owners of 16 Spence Avenue remember the first time they saw it. The warmth. The character. The way the home seemed to sit proudly on the street as though it had its own spotlight. They bought it believing it would be their forever home and renovated accordingly. Professional design guidance, quality materials, abundant natural light in all rooms, a custom kitchen with quartz counters, custom cabinets featuring Lemans corner systems and stainless prep sink on large island and butler style serving area, renovated bathrooms, rich hardwood flooring, exposed stylish architectural beam, and countless thoughtful upgrades create a home defined by warmth, character, and craftsmanship.The spacious primary suite features a beautifully remodelled semi-ensuite with quartz counter and frameless glass large shower with designer tile, while the finished basement, main floor laundry, and powder room add everyday convenience.Recreating this combination of lot, location, mature trees, privacy, pool, pool house, and quality renovations today would require a tremendous investment of both time and money. Here, it has already been done.Located on one of Midhurst's most admired streets, it's more than a house, this is the kind of home people remember.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Other
BasementFinished, Full
Lot Size92.81 × 149.99 Feet
CountySimcoe
Annual Tax$5,437
Legal DescriptionPCL-5 SEC M97; LT5 PL M97 Vespra;Springwater

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Park, Skiing, School

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Location

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16 Spence Avenue, 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 16 Spence Avenue, Springwater, ON L9X 0P2

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$240,000 (20.0%)
* Minimum Canadian down payment required for this price is $240,000.
Amortization Period25 Years
Estimated Monthly Payment$5,721Based on a loan of $960,000 over 25 years.
Purchase Price$1,200,000
Loan Amount$960,000
Provincial Land Transfer Tax:$20,475
Total Estimated Closing Taxes:$20,475

About Purchasing a Home in Springwater, ON

For a property listed at $1,200,000 in Springwater, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,213,720

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.