6 Edgecombe Terrace, Springwater, ON

$1,699,000
MLS#:S9270507
4 beds
3 baths
3000-3500 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 Centre Vespra. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,699,000 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 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 113.68 x 270.96 ft lot
  • Features a unfinished, walk-up 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: Built-In Oven, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This elegant picturesque property on 0.71 acre (114 ft x 271 ft) is in the prestigious Stonegate estates community. Impressive interior and exterior updates in 2021-2022. Over $350K of extensive interior updates (2021) with high-end finishes on the main & 2nd flrs by a professional interior designer. Main flr updates (2021) include high-end custom-built chef's kitchen with a huge 11ft x 4.5 ft quartz breakfast island with built-in cabinetry, quartz counters & backflash, hi-end built-in Monogram SS kitchen appliances, pot-filler, soft-close white cabinetry, pantry. Main flr features a Family rm with Cambria gas fp w stone & quartz frame (2021), a bright living rm, spacious dining rm, an office, a powder rm, & a laundry/mud rm. The second flr has the Primary bedrm 2021 updates include a custom built walk-in closet, a 5 pc ensuite with free-standing tub & a huge glass shower. The 2nd flr has 3 other spacious bedrms, closet shelvings, and a full bathroom. Both main and 2nd flrs 2021 updates also include hi-end wide-plank hardwood flooring (carpet free), soft-closed cabinetry, potlights, and quartz counters. The backyard entertainment oasis has over $200k (2022) of extensive updates that include a 32ft heated I/G pool, pool cabana, landscaped patio with armour stones, natural stone steps, interlocking stone patio, 5-seat hot tub, pressure-treated privacy fence, new sod, and perennial gardens. You'll enjoy the ultimate privacy, serenity, and mature trees. The unfinished basement awaits your creativity with its concrete walk-up entry (2022), 2 sump pumps, bath rough-ins, cold rm with shelves, and storage shelving. Front of the house features I/G sprinkler (2022), perennial gardens, interlocking steps & driveway. 3-car garage has door entries to house and yard, custom New Age storage unit (2020). Steps to school bus stop. Mins drive to schools, mall, hospital, lakeshore, ski resorts, stores and amenities. Don't miss this opportunity to own this beautiful property!

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Property Summary

This detached home located at 6 Edgecombe Terrace, Springwater is currently for sale and has been available on SousaSells for 688 days. This property is listed at $1,699,000 with an estimated mortgage of $5,655* per month. It has 4 beds, 3 bathrooms, and is 3000-3500 square feet. 6 Edgecombe Terrace, Springwater is in the Centre Vespra 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
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 20, 2024
Sold price information is available to members only
Listed Date8/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front
BasementUnfinished, Walk-Up
Lot Size113.68 × 270.96 Feet
CountySimcoe
Annual Tax$7,504
Legal DescriptionPCL 41-1 SECPCL 41-1 SEC 51M411; LT 41 PL 51M411 VESPRA S/T RIGHT IN LT174153

Parking & Garage

Parking Spaces8.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, School Bus Route, Wooded/Treed

Interior Features

Built-In Oven, Carpet Free, Central Vacuum, Sump Pump, Auto Garage Door Remote

Security Features

Community Features

Location

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6 Edgecombe Terrace, 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 6 Edgecombe Terrace, Springwater, ON L9X 0S2

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$509,700 (30.0%)
* Minimum Canadian down payment required for this price is $339,800.
Amortization Period30 Years
Estimated Monthly Payment$5,655Based on a loan of $1,189,300 over 30 years.
Purchase Price$1,699,000
Loan Amount$1,189,300
Provincial Land Transfer Tax:$30,455
Total Estimated Closing Taxes:$30,455

About Purchasing a Home in Springwater, ON

For a property listed at $1,699,000 in Springwater, the legal minimum down payment is $339,800 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 $30,455 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 $30,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,314,181

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.