48 Severino Circle, West Lincoln, ON

$649,000
MLS#:X9364761
3 beds
3 baths
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 1, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of 057 - Smithville. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $649,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 21 x 86 ft lot size
  • Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Uniquely backing onto the most serene conservation space, 48 Severino's premium lot is located in heart of the family-friendly Smithville neighborhood. This home offers unparalleled tranquility, to a backyard that can be accessed not only off your kitchen balcony for peaceful morning coffees, but also via your walk-out basement. The charming front porch is enhanced by a newly renovated front walkway, steps, and storm door. Inside, the main floor boasts an inviting open-concept design with soaring 9-foot ceilings. The large living room, complete with a modern electric fireplace and newly refinished hardwood floors, flows seamlessly into a family-sized kitchen. The kitchen is a chef's dream, featuring granite countertops, a generous island, and sleek stainless steel appliances. Upstairs, the spacious primary suite is a true retreat, offering a walk-in closet and a luxurious3-piece ensuite with a glass-enclosed shower. Two additional bedrooms share a modern 3-piece bathroom while the convenience of upper-floor laundry makes everyday living a breeze. The unfinished lower level is brimming with potential whether you envision an additional bedroom, a home gym, or an office, the space is yours to customize.

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Property Summary

This townhouse located at 48 Severino Circle, West Lincoln is currently for sale and has been available on SousaSells for 661 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 48 Severino Circle, West Lincoln is in the 057 - Smithville neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date9/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementUnfinished, Walk-Out
Lot Size21 × 86 Feet
CountyNiagara
Annual Tax$4,429
Legal DescriptionUNIT 23, LEVEL 1, NIAGARA NORTH VACANT LAND CONDO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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48 Severino Circle, West Lincoln, 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 48 Severino Circle, West Lincoln, ON L0R 2A0

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 West Lincoln.

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Interest Rate4.00%
Down Payment$194,700 (30.0%)
* Minimum Canadian down payment required for this price is $39,900.
Amortization Period30 Years
Estimated Monthly Payment$2,160Based on a loan of $454,300 over 30 years.
Purchase Price$649,000
Loan Amount$454,300
Provincial Land Transfer Tax:$9,455
Total Estimated Closing Taxes:$9,455

About Purchasing a Home in West Lincoln, ON

For a property listed at $649,000 in West Lincoln, the legal minimum down payment is $39,900 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 $9,455 for this transaction. As this listing is in West Lincoln (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 057 - Smithville, West Lincoln.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$842,566

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.