$1,550,000
Severn
2055 Elana Drive, Severn (Marchmont), Ontario, L3V0C1
This 5-bedroom, 5-bathroom home in Severn is for sale offering roughly 2,250 sq ft of space. It has been on the market 29 days, fresher than the Severn average of 81 days.
Welcome to this stunning custom-built raised executive bungalow, set on a quiet street in one of the area's most sought-after neighbourhoods. Offering over 4,000 sq. ft. of beautifully finished living space, this home perfectly blends luxury, comfort, and versatility. Impressive curb appeal features a 3-car garage and an expansive paved driveway w/parking for 10+ vehicles. Inside, you'll find a bright, open-concept layout with oversized windows and elegant finishes throughout.The heart of the home is the beautiful white chef's kitchen, complete with quartz countertops, stainless steel appliances, and a large island. It flows seamlessly into the dining area and great room, where a striking two-sided fireplace creates a warm and inviting space for everyday living and entertaining. The private primary suite offers a peaceful retreat with a spa-inspired ensuite. A separate bedroom wing includes two additional spacious bedrooms and a full bathroom. The fully finished lower level adds even more living space with a large rec room, exercise area, 3-piece bath, and a fourth bedroom. A fully self-contained 1-bedroom suite offers incredible flexibility for extended family or potential rental income, complete with its own kitchen, living area with gas fireplace, bathroom, laundry, and garage & patio access. Step outside to a professionally landscaped backyard featuring an inground saltwater pool, mini putt area, covered deck, separate suite patio, and expansive yard, perfect for relaxing or entertaining. Located just minutes to Orillia, Rotary Place, and Lakehead University, and within walking distance to parks, trails, and Marchmont Public School, this home also offers easy access to nearby lakes and ski hills for year-round enjoyment. A rare opportunity to own a move-in-ready home that truly has it all. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 81 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 (Marchmont) has been listed for 29 days, which is 52 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,550,000, about 20.0× the local median household income of $77,500.
Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 291% 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.