Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,098,800 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.
From the minute you turn onto your long private driveway, you will experience the perfect blend of privacy, space, and lifestyle in this 3-bedroom detached bungalow featuring a 3-car garage and set on over 2 acres, including an additional lot area and minutes walk to Bass Lake (lots not severed). This rare offering delivers the tranquility of country living with the convenience of nearby amenities. This home features over 2200sqft, a large kitchen with large windows for natural light. The framed basement has another 2200sqft waiting for you to design your ideal space. Hardwood floors, 3 large bedrooms, a primary with a walk-in closet and ensuite will be perfect for a growing family or someone looking to downsize. Roof was replaced in early 2020, Minutes drive to hwy 400, Costco, Walmart, schools and so much more...
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Beach, Campground, Cul de Sac/Dead End, Golf, Park, Place Of Worship
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1775 Loretta Avenue, Severn, ON L3V 7W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.
About Purchasing a Home in Severn, ON
For a property listed at $1,098,800 in Severn, the legal minimum down payment is $219,760 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 $18,451 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,451.
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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.