16 Bridle Tr

FOR SALE
$1,999,900
16 Bridle Tr, Springwater
16 Bridle Tr
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
S8179922
MLSID
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Property Description
LUXURY HOME IN THE EXCLUSIVE FOREST HILL ESTATES IN MIDHURST WITH AN IN-GROUND POOL, WALK-OUT BASEMENT & TRIPLE-CAR GARAGE! Welcome to 16 Bridle Trail. This gorgeous home in Midhurst offers opulence, comfort & natural beauty minutes from Barrie & is situated on a spacious 1.1-acre lot. The open-concept main floor features a great room with soaring 16-foot ceilings, hardwood floors, pot lights & a brand-new linear fireplace with a slate surround. The gourmet kitchen features granite countertops, s/s appliances, a stone backsplash & an expansive island, making this an entertainer's dream. The primary bedroom suite offers privacy & luxury with a private walkout, a walk-in closet & a magazine-worthy 5pc ensuite. The finished lower level features a spacious rec room, theatre room, home gym, bedroom & an updated bathroom, with two walkouts leading to the backyard oasis with an in-ground pool surrounded by lush greenery. This #HomeToStay promises a luxurious lifestyle in a serene setting.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-29 2022-05-02 3 $1,988,800 $1,950,000 Sold
2022-04-29 2022-05-02 3 $1,988,800 $1,950,000 Sold
2014-10-14 2014-12-13 0 $848,000 - Expired
2022-04-29 2022-05-02 3 $1,988,800 $1,950,000 Sold
2020-06-16 2020-07-25 39 $1,345,000 - Terminated
2022-04-29 2022-05-02 3 $1,988,800 $1,950,000 Sold
2020-06-17 2020-09-30 105 $1,345,000 - Expired
Property Features
Cul De Sac, Fenced Yard, Park, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
93' x 313'
Acreage
.50-1.99
Lot Irregularities
1.073 Acres
Fronting
West
Taxes
$6,342 (2023)
Basement
Fin W/O, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
3
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.75' x 16.01'Hardwood Floor, Vaulted Ceiling
DiningMain10.66' x 12.40'Hardwood Floor
Great RmMain17.42' x 18.57'Gas Fireplace, Hardwood Floor, W/O To Deck
Prim BdrmMain12.93' x 16.08'4 Pc Ensuite, W/O To Deck, Hardwood Floor
2nd BrMain10.60' x 18.24'Semi Ensuite, Hardwood Floor
3rd BrMain10.60' x 13.32'Semi Ensuite
RecLower28.90' x 34.58'Gas Fireplace, Hardwood Floor, W/O To Garage
Media/EntLower10.17' x 13.09'Hardwood Floor
ExerciseLower22.51' x 23.75'Broadloom
4th BrLower10.24' x 17.42'
Springwater Market Statistics
Springwater Price Trend
16 Bridle Tr is a 3-bedroom 3-bathroom home listed for sale at $1,999,900, which is $764,027 (61.8%) higher than the average sold price of $1,235,873 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $123,960 (9.1%) compared to the previous 30 day period (February 28 - March 28) and up $60,668 (5.2%) from the same time one year ago.
Inventory Change
There were 32 3-bedroom homes listed in Springwater over the last 30 days (March 29 - April 27), which is down 0.0% compared with the previous 30 day period (February 28 - March 28) and up 39.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($26,700) (2.2%) below asking price over the last 30 days (March 29 - April 27), which represents a $18,024 increase compared to the previous 30 day period (February 28 - March 28) and ($41,323) 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 (March 29 - April 27) stood at 46.9%, up from 37.5% over the previous 30 days (February 28 - March 28) and down from 73.9% 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 16 days when successfully sold over the last 30 days (March 29 - April 27), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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