56 Yonge Street, Springwater, ON

$659,900
MLS#:S12165074
3 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $659,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 52.8 x 133 ft lot
  • Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BIG PERSONALITY IN A BEAUTIFULLY KEPT BUNGALOW IN THE HEART OF ELMVALE! Get ready to fall for this adorable bungalow in the heart of Elmvale, just a short stroll to downtown shops, local schools, and all daily essentials. The lovely curb appeal is just the beginning, from the cheerful yellow door and dormer detail to the classic black shutters. Step inside to a rustic modern farmhouse vibe with barn board-style accents, ash hardwood floors throughout most of the main level, and a cozy living room warmed by a gas fireplace. The eat-in kitchen is made for gathering, featuring a quartz-topped island, stainless steel appliances, a double sink, some glass-front cabinetry, and modern pendant lights. Two main floor bedrooms offer flexibility, including one with a private 3-piece ensuite, while the primary bedroom loft is a welcoming retreat with angled ceilings, pot lights, exposed brick, shiplap accents, and plenty of space to unwind. A stylish 4-piece bathroom presenting a sloped ceiling, subway tile tub/shower surround, and a rustic live-edge vanity completes the space. Enjoy a fully fenced backyard with a deck, patio, and covered porch, all with no direct homes behind. Additional highlights include a detached garage with hydro, a backyard shed, and a spacious mudroom/laundry room with a walkout. A fantastic opportunity for first-time buyers, downsizers, or anyone ready to enjoy a character-filled, move-in-ready home in a vibrant small-town setting.

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Property Summary

This detached home located at 56 Yonge Street, Springwater is currently for sale and has been available on SousaSells for 422 days. This property is listed at $659,900 with an estimated mortgage of $2,197* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 56 Yonge Street, Springwater is in the Elmvale neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date5/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space, Unfinished
Lot Size52.8 × 133 Feet
CountySimcoe
Annual Tax$1,868.09
Legal DescriptionPT S1/2 LT 6 CON 9 FLOS PT 7, 51R19061; T/W RO1141915; SPRINGWATER

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Other, School, Park, Place Of Worship

Interior Features

Sump Pump

Security Features

Community Features

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Location

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56 Yonge Street, 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 56 Yonge Street N, 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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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 Rate4.00%
Down Payment$197,970 (30.0%)
* Minimum Canadian down payment required for this price is $40,990.
Amortization Period30 Years
Estimated Monthly Payment$2,197Based on a loan of $461,930 over 30 years.
Purchase Price$659,900
Loan Amount$461,930
Provincial Land Transfer Tax:$9,673
Total Estimated Closing Taxes:$9,673

About Purchasing a Home in Springwater, ON

For a property listed at $659,900 in Springwater, the legal minimum down payment is $40,990 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 $9,673 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 $9,673.

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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.