54 days on Market

1372 Division Road East, Severn, Ontario L3V 0X8

Detached
2 + 3
3 + 1
~4597 sqft
$2,349,000
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Detached
2 + 3
3 + 1
~4597 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$510/sqft

Est. Mortgage$10,088/mo

Tax Amount (2024)$5,603/yr

Days On Market54 days


Description

INDULGE IN LUXURY ON 2.1 ACRES WITH SHARED OWNERSHIP OF A LAKE & BREATHTAKING VIEWS! Enter a realm of unrivalled elegance and awe-inspiring beauty! This jaw-dropping executive bungalow, set on 2.1 private acres, offers an extraordinary lifestyle with shared ownership of a human-made lake and 32 surrounding acres. The lake is perfect for swimming, stand-up paddleboarding, kayaking, winter hockey, or skating while stocked with smallmouth bass. Just moments from Simcoe County Forest trails, snowmobile trails, skiing, and outdoor adventures are at your doorstep. The curb appeal is simply unmatched, from the striking stone and board-and-batten exterior to the lofty peaked rooflines. Inside, nearly 4,600 finished square feet of open-concept living space showcases expansive lake views through large windows, highlighted by exquisite Brazilian cherry flooring and elegant tray ceilings with pot lights. The heart of this home is the high-end chef's kitchen, with granite countertops, top-tier appliances, an abundance of cabinetry, and a large island with seating. The spacious primary bedroom features a private deck, a walk-in closet, and a luxurious 5-piece ensuite. The custom, one-of-a-kind wrought-iron staircase gracefully leads to the walkout basement, where you'll find radiant heated floors, a spacious rec room with a bar area, three bedrooms, an indoor spa/hot tub room, and a full bathroom. Step into the 3-season Muskoka room for the ultimate in relaxation and entertaining. A triple car insulated and heated garage with high ceilings, a circular driveway with ample parking, and significant updates like newer shingles, A/C, and a boiler hot water tank for radiant heat make this a truly exceptional property. Live the life you've always dreamed of in a home that has it all!


Property Details

StyleBungalow
ViewLake, Panoramic, Trees/Woods, Water
Age of property2004
SqFt~4597 SqFt
Lot Size123,465 Ac(396.13 x 311.68)
Parking Spaces13
MLS ®Number40706584
Community NameSevern
Data SourceITSO
Listing byRE/MAX Hallmark Peggy Hill Group Realty Brokerage

Features

Heating: Forced Air, Natural Gas, Radiant Floor, Propane, Radiant
Central Vacuum
Cooling: Central Air
Basement: Separate Entrance, Walk-Out Access, Full, Finished, Sump Pump

Main Floor

Living Room

6.60 x 10.39

Foyer

1.93 x 3.73

Breakfast Room

6.15 x 2.51

Kitchen

6.17 x 5.54


Features

Lot size: 123,465 Ac
Septic Tank

Parking

Garage spaces 3

Garage type -

Other parking spaces 10

Total parking spaces 13


Property History

Mar 17, 2025
ListedActive
$2,349,000
54 days on market
history photo preview40
Listing by itso®
Property listed by RE/MAX Hallmark Peggy Hill Group Realty Brokerage, Brokerage

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Market Data - Severn

Geo Zone Map ThumbnailSevern

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

43 days

2023

24 days

2022

8 days

New Listings

Past 30 days

48 listings

Compared to

2024

83 listings

2023

69 listings

2022

66 listings

Units sold

Past 30 days

17 units

Compared to

2024

24 units

2023

26 units

2022

36 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$642,500

2023

$637,500

2022

$704,900


Population and Demographics

Overview

Total population 14416
Average household income $123,611

Age (%)

50 to 64
26%
65 and plus
24%
0 to 19
19%
35 to 49
16%
20 to 34
15%

Household composition (%)

Single family
72%
Single person
24%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%
French
1%

House tenancy (%)

Owners
90%
Renters
10%

Schools and amenities

Estimated Budget