2405 Gill Road, Springwater, ON

$1,179,999
MLS#:S9250974
5 beds
5 baths
2000-2500 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 Midhurst. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,179,999 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.

  • 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 135 x 143 ft lot
  • Features a finished with walk-out, 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: Countertop Range, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Top 5 Reasons You Will Love This Home: 1) Experience the character and charm of this custom-built, two-storey, five bedroom family home situated in the peaceful village of Midhurst 2) Plenty of living space inside and out, along with the added benefit of a one bedroom apartment with a separate walkout entrance, a kitchen, and its own backyard living space 3) Enjoy 360 degrees of privacy on this sizeable lot surrounded by mature trees, featuring lush gardens, an in-ground swimming pool, and multiple decks ideal for relaxing or hosting friends and family 4) This home is perfect for a large family and the entertainer at heart, with multiple living room spaces, a spacious eat-in kitchen, and a separate formal dining room 5) Enjoy the feel of rural living while remaining close to North End Barrie, Royal Victoria Health Centre, schools, shops, and grocery stores. 3,564 fin.sq.ft. Age 41. Visit our website for more detailed information.

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Property Summary

This detached home located at 2405 Gill Road, Springwater is currently for sale and has been available on SousaSells for 703 days. This property is listed at $1,179,999 with an estimated mortgage of $3,928* per month. It has 5 beds, 5 bathrooms, and is 2000-2500 square feet. 2405 Gill Road, Springwater is in the Midhurst neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 28, 2024
Sold price information is available to members only
Listed Date8/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Wood
BasementFinished with Walk-Out, Separate Entrance
Lot Size135 × 143 Feet
CountySimcoe
Annual Tax$5,294
Legal DescriptionPT LT 12 CON 3 VESPRA PT 1, 51R8161; SPRINGWATER

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Place Of Worship, Wooded/Treed

Interior Features

Countertop Range, In-Law Suite

Security Features

Alarm System

Community Features

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Location

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2405 Gill 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 2405 Gill Road, Springwater, ON L0L 1X0

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 Rate4.00%
Down Payment$354,000 (30.0%)
* Minimum Canadian down payment required for this price is $236,000.
Amortization Period30 Years
Estimated Monthly Payment$3,928Based on a loan of $825,999 over 30 years.
Purchase Price$1,179,999
Loan Amount$825,999
Provincial Land Transfer Tax:$20,075
Total Estimated Closing Taxes:$20,075

About Purchasing a Home in Springwater, ON

For a property listed at $1,179,999 in Springwater, the legal minimum down payment is $236,000 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 $20,075 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 $20,075.

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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$1,301,863

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.