7 Loftus Road, Springwater, ON

$2,299,990
MLS#:S11961185
6 beds
5 baths
24.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 9, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,299,990 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.

  • 6 Bedrooms and 5 Bathrooms
  • Premium 225.26 x 553.08 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 24.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Spectacular Executive 5 Bedr, 4.5 Bath Detached Situated On Estate Premium 2.9 Acre Treed Lot. Luxury Enhanced W/Strip Hrdwd Flrs, Dream Kitchen, Tall Uppers & B/fast Area. Cstm 'Euro Style' Granite Cnter W Ovesized Island, Cstm Grigio Drift Backsplash, Upgraded Cabts W Oversized Pantry & Tons Of Handy Storage, Stainless Applcs W 6-Burner Gas Stove & Wall Oven. Great Living Functionality W Open Layout, Formal Din Area W/ Crown Mldg Connected To Liv Rm W Vaulted Waffle / Recessed Panel Ceiling, Pot Lights Galore & High-End Millwork. Cstm Fireplace & Sun-Filled Dining, Upgraded Lights & Plumbing Fixtures Thru-Out W Super Functional Mud Room & 9 Ft Ceils On Main Floor. Soaring Vaulted Waffle / Recessed Panel Ceiling In Great Room W/ 18 Ft Ceiling. Oversized Bedroom On Main W Zen-Inspired Primary 5 Piece Ensuite Bath W Large Rain Head Shower, Free-Standing Tub & Double Sink, Built-In Dressing Room/Walk-In Closet W Laundry. Ascending To The Upper Level Is Unmatched & Unsurpassed W High-End Features/Finishes, Spectacular Views W Great Room Open To Upper, Stunning Custom Railings, Large Windows, Large Primary Bedroom W Spa Inspired 4 Piece Ensuite, Large Shower, Double Sink & W/I Closet. 8 Ft Ceils On 2nd Flr W/ 3 Additional Good Sized Bedrooms Well Equipped W Good Windows & Closets. Basement Features Open Style Theatre Room, Wet Bar, Recreation Room, 3 Piece Bathroom, Additional Bedroom, Large Windows, Plenty Of Pot Lights W Separate Entrance For Ultimate Privacy & Great For Entertaining. Well Appointed, Functional Backyard Oasis, Walk-Out From Main To Loggia Seating Area W Oversized, Private & Serene Fire Pit Patio, W Lux High-End Natural Armour Stone Feature, Hot Tub & Irrigation In Front & Back. Beautiful Vacation Inspired Oasis W Tree Lined Yard, Enhanced W Newer, Sleek Landscaping, Combining Privacy & Style. Attached Large Garage W Extra Height & Heating W Additional Detached Garage W Heating. 4,087 SF + 2,219 SF Basement For A Total Of 6,306 SF As Per MPAC.

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Property Summary

This detached home located at 7 Loftus Road, Springwater is currently for sale and has been available on SousaSells for 525 days. This property is listed at $2,299,990 with an estimated mortgage of $7,656* per month. It has 6 beds, 5 bathrooms, and is unknown square feet. 7 Loftus Road, Springwater is in the Rural Springwater neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 9, 2025
Sold price information is available to members only
Listed Date2/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished
Lot Size225.26 × 553.08 Feet
CountySimcoe
Annual Tax$9,993.84
Legal DescriptionLOT 29, PLAN 51M837; S/T EASEMENT IN GROSS OVER PT 1 51R34444 AS IN SC424400;

Parking & Garage

Parking Spaces24.0
Garage Spaces20
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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7 Loftus 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 7 Loftus Road, Springwater, ON L0L 2K0

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$689,997 (30.0%)
* Minimum Canadian down payment required for this price is $459,998.
Amortization Period30 Years
Estimated Monthly Payment$7,656Based on a loan of $1,609,993 over 30 years.
Purchase Price$2,299,990
Loan Amount$1,609,993
Provincial Land Transfer Tax:$43,975
Total Estimated Closing Taxes:$43,975

About Purchasing a Home in Springwater, ON

For a property listed at $2,299,990 in Springwater, the legal minimum down payment is $459,998 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 $43,975 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 $43,975.

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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$1,167,212

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.