1923 MARCHMONT Road, Severn, ON

$849,900
MLS#:S12014165
2 beds
3 baths
2000-2500 sqft
12.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Marchmont. Expertly crafted featuring premium other and vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 65.61 x 182 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via electric

Description

Spacious bungalow on just under 4.5 acres of land on the North River. Conveniently located in the village of Marchmont, this property is surrounded by nature, wildlife and the sounds of the flowing river. The picturesque setting offers tranquility and privacy. Arrive at the upper plateau parking/garage and shed area via a long, private and canopied driveway. Put your groceries and personal belongings on your own covered tramway and make your way to the house along a gradual pathway or a more direct route using the stone stairway. The main foyer leads you directly into a bright and welcoming living room over looking the river. Dining room, large kitchen (with eat-in seating area and fireplace), laundry area and a 2-piece washroom complete the "west-wing". Escape to the screened-in veranda taking in the scents of nature and the sounds of the flowing river. The "east-wing" of the house has a grand master bedroom that overlooks the river and is accompanied by a 3-piece en suite bathroom. A large second bedroom and modern 4-piece bathroom complete this section of the home. This property is adjacent to the historic Marchmont Grist Mill circa 1834. 10 minute drive to Orillia and amenities. 10-15 minute drive to Horseshoe Valley and Mount St. Louis ski resorts. Easy access to major highways, schools and more nature.

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 10, 2025
Sold price information is available to members only
Listed Date3/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther, Vinyl Siding
BasementUnfinished, Partial Basement
Lot Size65.61 × 182 Acres
CountySimcoe
Annual Tax$3,915.75
Legal DescriptionPT LT 2 CON 1 NORTH ORILLIA PT 1, 51R16428; SEVERN

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingNone

Features

Property Features

Golf, Park, Ravine, Skiing, River/Stream

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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1923 MARCHMONT Road, Severn, 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 1923 MARCHMONT Road, Severn, ON L3V 0V6

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 Severn.

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Interest Rate5.25%
Down Payment$59,990 (7.1%)
* Minimum Canadian down payment required for this price is $59,990.
Amortization Period25 Years
Estimated Monthly Payment$4,707Based on a loan of $789,910 over 25 years.
Purchase Price$849,900
Loan Amount$789,910
Provincial Land Transfer Tax:$13,473
Total Estimated Closing Taxes:$13,473

About Purchasing a Home in Severn, ON

For a property listed at $849,900 in Severn, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Marchmont, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,229,318

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.