$1,225,000

For sale

1570 Severn Drive, Milton (BW Bowes) - Single Family for Sale

1570 Severn Drive, Milton (BW Bowes), Ontario, L9E1X8

6 beds5 baths2 parking2,250 ft²Listed 29 days ago

Overview

This 6-bedroom, 5-bathroom home in Milton is for sale offering roughly 2,250 sq ft of space. Its $1,225,000 asking price sits right in line with the $1,225,000 median in Milton. It has been on the market 29 days, fresher than the Milton average of 48 days.

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Description

Welcome to this highly upgraded Mattamy home in Milton's sought-after Bowes community! This spacious 4-bedroom, 3.5-bathroom residence is the largest Mattamy model available with a single-car garage, offering an exceptional layout with generous living space and extensive upgrades throughout.The main floor features a bright and functional layout with a chef's kitchen, upgraded finishes, elegant coffered ceilings, and beautifully designed accent walls that add a sophisticated and modern touch. The spacious primary bedroom features a private 4-piece ensuite, creating a comfortable retreat for the homeowners.The professionally finished legal basement offers additional living space with 2 rooms and a full bathroom, making it ideal for an extended family, in-laws, guests, or additional living needs.Located in a family-friendly neighbourhood close to schools, parks, shopping, restaurants and everyday amenities. Enjoy convenient access to Metro, FreshCo, Tim Hortons, Shoppers Drug Mart and numerous other retail and dining options. Easy access to major transportation routes and Milton's growing amenities.A fantastic opportunity to own a highly upgraded, generously sized Mattamy home offering style, functionality and exceptional space in one of Milton's desirable communities! (id:66096)

Property Details

MLS®: W13865906
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Frontage: 9 m
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,857/yr
Listed: 29 days ago

Rooms

Main level

Great room: 3.45 x 4.45 meters
Great room: 3.57 x 5.54 meters
Kitchen: 3.05 x 3.2 meters
Eating area: 3.05 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Milton (BW Bowes) listings, avg age

48d

Price / ft²

$544

List price

$1.23M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 6-bed single family in Milton (BW Bowes) has been listed for 29 days, which is 19 days fresher than the city average of 48. Act while there is still low competition.

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Listed by CENTURY 21 GREEN REALTY INC. · MUHAMMAD KHURRAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9E)

This home lists at $1,225,000, about 9.9× the local median household income of $124,000.

Carrying it typically needs a household income of about $239,285 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.

Median household income: $124,000
Population: 16,933
Median age: 32.4
Owner / renter: 75% / 26%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L9E)

$1,225,000· $544/ft²

For sale

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Full Cost Breakdown

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Down Payment7.96% · $97,500

Min 7.96%50%

Mortgage payment$6,251/mo

↳ CMHC premium ($45,100 capitalized)

Property tax (est.)$405/mo

Total monthly$6,656

Cash Needed to Close

Down payment (7.96%)$97,500

Land transfer tax$20,975

Est. closing costs$6,175

Total cash needed$124,650

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