1973 Vespra Valley Road, Springwater, ON

$950,000
MLS#:S12902406
4 beds
2 baths
1500-2000 sqft
11.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 150 x 200 ft lot
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Propane Tank
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Top 5 Reasons You Will Love This Home: 1) Nearly $100,000 invested in thoughtful updates and renovations, including a brand-new back patio and front walkway, a charming greenhouse, a new roof, a shed with potential for a loft addition, enhanced insulation, and numerous other quality improvements throughout the property 2) Perched on just over half an acre, this property offers complete privacy with no rear neighbours, embraced by a treed forest alive with wildlife, an expansive vegetable garden, and the warm ambiance of LED lighting that gracefully highlights the home's exterior 3) Inside, the home features an open-concept layout with gleaming hardwood floors, a cozy gas fireplace, a spacious kitchen with a walk-in pantry, and an abundance of windows that fill the space with natural light 4) Prime location minutes from nearby golf courses, under 10 minutes to Barrie, less than 20 minutes to Wasaga Beach, and only 5 minutes to Snow Valley Ski Resort, perfect for those seeking an active lifestyle, year-round recreation, and effortless weekend getaways 5) The lower level features a finished bedroom and a spacious unfinished area with above-grade windows, offering ample room for storage or the potential to expand and create additional living space to suit your needs, all complemented by a generous garage with room for three vehicles. 1,771 above grade sq.ft. plus a partially finished lower level.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 27, 2026
Sold price information is available to members only
Listed Date3/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished, Full
Lot Size150 × 200 Feet
CountySimcoe
Annual Tax$4,437
Legal DescriptionPT W1/2 LT 8 CON 8 VESPRA, BEING PT 1 PL 51R34752; SPRINGWATER

Parking & Garage

Parking Spaces11.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Skiing

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Propane Tank, Water Treatment

Security Features

Community Features

Location

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1973 Vespra Valley Road, 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 1973 Vespra Valley Road, Springwater, ON L0L 1Y2

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.

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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$70,000 (7.4%)
* Minimum Canadian down payment required for this price is $70,000.
Amortization Period25 Years
Estimated Monthly Payment$5,244Based on a loan of $880,000 over 25 years.
Purchase Price$950,000
Loan Amount$880,000
Provincial Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$15,475

About Purchasing a Home in Springwater, ON

For a property listed at $950,000 in Springwater, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,096,878

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.