15512 County Road 27
Elmvale, Springwater, L0L 1P0
FOR SALE
$1,488,000
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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 |
---|---|---|---|---|---|
2024-12-12 | 2025-02-10 | 60 | $1,488,000 | - | Terminated |
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 $542,455 (57.4%) higher than the average sold price of $945,545 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $452,455 (32.4%) compared to the previous 30 day period (December 22 - January 20) and down $174,455 (15.6%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Springwater over the last 30 days (January 21 - February 19), which is up 56.2% compared with the previous 30 day period (December 22 - January 20) and down 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold $10,318 (1.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $66,743 increase compared to the previous 30 day period (December 22 - January 20) and ($47,094) 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 (January 21 - February 19) stood at 44.0%, up from 25.0% over the previous 30 days (December 22 - January 20) and up from 23.3% 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 83 days when successfully sold over the last 30 days (January 21 - February 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Faris Team Real Estate
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