28 LADDIE Lane

FOR SALE
$1,689,900
28 LADDIE Lane, Springwater
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2 + 3
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 8
ROOMS
S11996288
MLSID
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Property Description
Exquisitely crafted and custom-built, this executive bungalow in the coveted ANTEN MILLS COMMUNITY offers a refined blend of luxury and comfort. Boasting 5 spacious bedrooms and 4 well-appointed bathrooms, the home welcomes you with an expansive open-concept main floor highlighted by a striking stone fireplace, gleaming hardwood floors, elegant ceramic tile accents, and soaring 9foot ceilings.The grand chef-inspired kitchen is a culinary dream, featuring a generous center island, custom cabinetry, and sophisticated granite countertops. Adjacent to this space, the main-floor primary suite provides a serene retreat with a lavish 5-piece ensuite adorned with quartz countertops, a large walk-in closet, and a private balcony that frames views of your backyard oasis.The fully finished basement expands the living space with three additional bedrooms, a cozy family room, two additional bathrooms, an exercise room, and a stylish bar area that overlooks the entertainment space ideal for gatherings and celebrations.Step outside to discover a professionally landscaped backyard, where a breathtaking inground pool with a cascading waterfall, interlock patio, and built-in sprinkler system set the stage for outdoor living. Additional highlights include a surround sound system, perennial gardens, a relaxing hot tub, and a charming cabana complete with a bar and changing room.The 3bay insulated garage features heated floors and direct access to the basement, presenting excellent IN-LAW SUITE POTENTIAL. With direct access to the scenic Simcoe Forest trails and only 15 minutes from Snow Valley and Moonstone Skiing, this property is considered to be in a prime location. Recent upgrades include a new heat pump and natural gas furnace (installed in 2023).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-08 2024-12-06 62 $1,795,000 - Expired
2024-10-05 2024-11-19 45 $1,795,000 - Terminated
2024-06-24 2024-09-30 98 $1,849,900 - Terminated
2024-06-24 2024-10-01 99 $1,849,900 - Terminated
2007-04-04 2007-07-20 109 $569,900 $565,000 Sold
Property Features
Golf, Park, Skiing
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
119' x 311'
Lot Irregularities
0
Fronting
East
Taxes
$6,150 (2024)
Basement
Finished, Walk-Up
Exterior
Stone, Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Pool
Inground
Parking Spaces
10
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain11.98' x 14.57'
OfficeMain11.98' x 13.65'
LivingMain17.98' x 22.64'
KitchenMain15.91' x 19.39'
Prim BdrmMain12.99' x 19.32'
BrMain12.30' x 13.58'
BrBsmt12.89' x 12.99'
BrBsmt11.58' x 13.22'
BrBsmt12.30' x 13.58'
RecBsmt16.90' x 21.82'
GamesBsmt18.90' x 18.90'
Springwater Market Statistics
Springwater Price Trend
28 LADDIE Lane is a 2-bedroom 4-bathroom home listed for sale at $1,689,900, which is $969,900 (134.7%) higher than the average sold price of $720,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Springwater declined by $250,000 (25.8%) compared to the previous 30 day period (December 22 - January 20) and down $114,583 (13.7%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Springwater over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Springwater typically sold ($29,900) (4.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $25,000 increase compared to the previous 30 day period (December 22 - January 20) and ($64,499) 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 2-bedroom homes in Springwater over the last 30 days (January 21 - February 19) stood at 14.3%, down from 50.0% over the previous 30 days (December 22 - January 20) and down from 150.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Springwater stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 110 days before being removed from the market upon being suspended or terminated.
Listing contracted with Innovation Realty Ltd.
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