$1,898,000
Severn
1372 Division Road East, Severn, Ontario, L3V0X8
This 5-bedroom, 3-bathroom home in Severn is for sale offering roughly 2,250 sq ft of space. It has been on the market 64 days, fresher than the Severn average of 88 days.
DISTINGUISHED EXECUTIVE ESTATE WITH NEARLY 4,600 SQ FT, A TRIPLE-CAR GARAGE, SHARED LAKE OWNERSHIP & 32 SURROUNDING ACRES! A private 2.1-acre setting gives 1372 Division Road East the scale and presence of a true executive estate, with shared ownership of a human-made lake creating an unforgettable backdrop for year-round living. Set against breathtaking lake views, this bungalow offers a lifestyle shaped by the outdoors, with swimming, paddleboarding, kayaking, fishing, skating, and hockey on the stocked lake, plus easy access to Simcoe County Forest trails, snowmobile trails, and skiing. The stone and board-and-batten exterior, landscaped grounds, lofty peaked rooflines, circular driveway, ample parking, and triple-car insulated heated garage with high ceilings create a grand estate presence. Expansive open-concept living spaces are designed to showcase the view, with large windows drawing natural light throughout, complemented by Brazilian cherry flooring and tray ceilings with pot lights. The chef's kitchen features granite countertops, quality appliances, extensive cabinetry, and a large island with seating. A generously sized primary bedroom offers a private deck overlooking the property, a walk-in closet, and a 5-piece ensuite. The custom wrought-iron staircase leads to the walkout basement with radiant heated floors, a rec room with a bar area, two bedrooms, a full bathroom, and a hot tub room that could be utilized as a third bedroom. A 3-season Muskoka room provides a peaceful place to take in the surrounding landscape and changing seasons. Significant updates include newer shingles, A/C, and a boiler hot water tank for the radiant heating system. An exceptional #HomeToStay where craftsmanship, lake views, and four-season recreation come together on one extraordinary property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Severn has been listed for 64 days, which is 24 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,898,000, about 24.5× the local median household income of $77,500.
Carrying it typically needs a household income of about $370,746 (20% down, 25-yr amortization, stress-tested) — roughly 378% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.