15512 County Road 27
Elmvale, Springwater, L0L 1P0
FOR SALE
$1,488,000
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3 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS7 + 4
ROOMSS11890556
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Property Description
Top 5 Reasons You Will Love This Home: 1) Custom-built bungalow offering exceptional potential, boasting a luxurious 5-star rated 2 bedroom Airbnb on the lower level that generated impressive income in 2024 with consistently growing annual revenue 2) Excellent investment property with 4,400 square feet of finished living space and endless possibilities with the opportunity to rent out both levels separately maximizing the investment potential, perfect for multi-generational living and use lower level as in-law suite 3) Settled on over one acre and ideally located just minutes from Elmvale and a short drive to nearby beaches, including the beautiful shores of Wasaga Beach with easy access to three nearby ski resorts including Blue Mountain, Horseshoe Valley, and Mount St. Louis 4) Enjoy the luxury of a three-car garage with radiant floor heating and durable epoxy floors, along with breathtaking East and West views that flood the space with natural light and picturesque scenery 5) Main level showcasing 16' ceilings, a large chefs kitchen, complete with a massive quartz island, wall ovens, and an induction stove, along with a primary bedroom suite complemented by a cathedral ceiling, large windows, two walk-in closets, and a spa-like ensuite bathroom and an expansive lower level boasting 13' ceilings, radiant floor heating, multiple entrances, and a sunken kitchen bathed in natural light. 4,489 fin.sq.ft. Age 5. Visit our website for more detailed information.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-05 | 2024-12-12 | 68 | $1,488,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
372' x 163'
Acreage
.50-1.99
Fronting
West
Taxes
$6,618 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Available
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.57' x 19.85' | Vinyl Floor, Quartz Counter, Pantry |
Dining | Main | 11.94' x 16.34' | Vinyl Floor, Vaulted Ceiling, Walk-Out |
Living | Main | 14.57' x 19.85' | Vinyl Floor, Window, Pot Lights |
Prim Bdrm | Main | 18.24' x 20.24' | Cathedral Ceiling, W/I Closet, 5 Pc Ensuite |
Br | Main | 14.11' x 18.04' | Window, Closet, Pot Lights |
Br | Main | 13.91' x 14.07' | Window, Closet, Pot Lights |
Kitchen | Lower | 11.29' x 12.96' | Vinyl Floor, Pot Lights, Sunken Room |
Family | Lower | 26.08' x 31.63' | Vinyl Floor, Walk-Out, Pot Lights |
Br | Lower | 13.68' x 19.75' | Vinyl Floor, French Doors, Window |
Br | Lower | 13.58' x 13.75' | Vinyl Floor, Closet, Window |
Laundry | Main | 3.61' x 7.22' | Pot Lights |
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Springwater Market Statistics
Springwater Price Trend
15512 County Road 27 is a 3-bedroom 3-bathroom home listed for sale at $1,488,000, which is $934,100 (168.6%) higher than the average sold price of $553,900 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $428,183 (43.6%) compared to the previous 30 day period (November 8 - December 7) and down $325,028 (37.0%) from the same time one year ago.Inventory Change
There were 8 3-bedroom homes listed in Springwater over the last 30 days (December 8 - January 6), which is down 55.6% compared with the previous 30 day period (November 8 - December 7) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($11,412) (2.1%) below asking price over the last 30 days (December 8 - January 6), which represents a $16,946 increase compared to the previous 30 day period (November 8 - December 7) and ($34,514) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Springwater over the last 30 days (December 8 - January 6) stood at 200.0%, up from 66.7% over the previous 30 days (November 8 - December 7) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Springwater stood at 58 days when successfully sold over the last 30 days (December 8 - January 6), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with Faris Team Real Estate
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