8 Midves Court, Springwater, ON

$4,990,000
MLS#:S13439306
7 beds
6 baths
5000 + sqft
32.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Midhurst. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $4,990,000 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.

  • 7 Bedrooms and 6 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 259.38 x 595 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 32.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Sauna
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Client RemarksThis incredible home seamlessly blends luxury and modern comfort for a dynamic dream lifestyle across more than 10,000 square feet of finished living space. Gourmet kitchen and a butlers pantry, massive living/dining space, soaring ceilings and a floor to ceiling wall of windows that opens to a private outdoor paradise. The primary bedroom is a serene retreat, complete with an electric fireplace and spa-inspired ensuite, huge walk in closet and sliding doors leading to the outdoor living space. Guests or inlaws will appreciate the beautifully finished loft suite and hobbyists will love the massive heated garage and workshop. The fully finished walkout basement is complete with games, gym with an ensuite, sauna, theatre room, 3 bedrooms (with 1 currently being used as a media/office room, and 1 being used as the gym), bathroom and tons of storage. The private resort-like backyard setting features beautifully landscaped grounds, a heated saltwater pool, hot tub, covered porch, wood-burning outdoor fireplace, and a cabana equipped with its own bathroom and wet bar. Enjoy friendly games of basketball, pickleball, or tennis on the multi sports court in the summer then watch it transform into your own private hockey/skating rink once the snow falls. This phenomenal home sits on over 2 acres of private enjoyment in the prestigious enclave of Midhurst and offers the best of indoor and outdoor living, thoughtfully designed for connection, fun and family memories year-round.

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Key Features

Bedrooms
7
Bathrooms
6
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Stucco (Plaster)
BasementFinished, Full
Lot Size259.38 × 595 Feet
CountySimcoe
Annual Tax$19,888.15
Legal DescriptionPT LT 14 CON 3 VESPRA, PT LT 15 CON 3 VESPRA, BEING PT 1 PL 51R38401; SPRINGWATER

Parking & Garage

Parking Spaces32.0
Garage Spaces20
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Sauna, Storage

Security Features

Community Features

Location

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8 Midves Court, 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 8 Midves Court, Springwater, ON L9X 0P3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$998,000 (20.0%)
* Minimum Canadian down payment required for this price is $998,000.
Amortization Period25 Years
Estimated Monthly Payment$23,789Based on a loan of $3,992,000 over 25 years.
Purchase Price$4,990,000
Loan Amount$3,992,000
Provincial Land Transfer Tax:$111,225
Total Estimated Closing Taxes:$111,225

About Purchasing a Home in Springwater, ON

For a property listed at $4,990,000 in Springwater, the legal minimum down payment is $998,000 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 $111,225 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 $111,225.

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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$1,213,720

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.