7 Loftus Rd
Rural Springwater, Springwater, L0L 2K0
FOR SALE
$2,299,990
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5 + 1
BEDROOMS5
BATHROOMS1
KITCHENS12 + 6
ROOMSS11961185
MLSIDContact Us
Property Description
Spectacular Executive 5 Bedr, 4.5 Bath Detached Situated On Estate Premium 2.9 Acre Treed Lot. Luxury Enhanced W/Strip Hrdwd Flrs, Dream Kitchen, Tall Uppers & B/fast Area. Cstm 'Euro Style' Granite Cnter W Ovesized Island, Cstm Grigio Drift Backsplash, Upgraded Cabts W Oversized Pantry & Tons Of Handy Storage, Stainless Applcs W 6-Burner Gas Stove & Wall Oven. Great Living Functionality W Open Layout, Formal Din Area W/ Crown Mldg Connected To Liv Rm W Vaulted Waffle / Recessed Panel Ceiling, Pot Lights Galore & High-End Millwork. Cstm Fireplace & Sun-Filled Dining, Upgraded Lights & Plumbing Fixtures Thru-Out W Super Functional Mud Room & 9 Ft Ceils On Main Floor. Soaring Vaulted Waffle / Recessed Panel Ceiling In Great Room W/ 18 Ft Ceiling. Oversized Bedroom On Main W Zen-Inspired Primary 5 Piece Ensuite Bath W Large Rain Head Shower, Free-Standing Tub & Double Sink, Built-In Dressing Room/Walk-In Closet W Laundry. Ascending To The Upper Level Is Unmatched & Unsurpassed W High-End Features/Finishes, Spectacular Views W Great Room Open To Upper, Stunning Custom Railings, Large Windows, Large Primary Bedroom W Spa Inspired 4 Piece Ensuite, Large Shower, Double Sink & W/I Closet. 8 Ft Ceils On 2nd Flr W/ 3 Additional Good Sized Bedrooms Well Equipped W Good Windows & Closets. Basement Features Open Style Theatre Room, Wet Bar, Recreation Room, 3 Piece Bathroom, Additional Bedroom, Large Windows, Plenty Of Pot Lights W Separate Entrance For Ultimate Privacy & Great For Entertaining. Well Appointed, Functional Backyard Oasis, Walk-Out From Main To Loggia Seating Area W Oversized, Private & Serene Fire Pit Patio, W Lux High-End Natural Armour Stone Feature, Hot Tub & Irrigation In Front & Back. Beautiful Vacation Inspired Oasis W Tree Lined Yard, Enhanced W Newer, Sleek Landscaping, Combining Privacy & Style. Attached Large Garage W Extra Height & Heating W Additional Detached Garage W Heating. 4,087 SF + 2,219 SF Basement For A Total Of 6,306 SF As Per MPAC.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2025-01-10 | 2025-02-06 | 27 | $2,249,990 | - | Terminated |
| 2024-11-11 | 2024-12-16 | 35 | $2,399,990 | - | Terminated |
| 2024-07-22 | 2024-09-03 | 43 | $2,788,800 | - | Terminated |
| 2024-10-03 | 2024-11-11 | 39 | $2,588,800 | - | Terminated |
| 2024-09-03 | 2024-10-03 | 30 | $2,788,800 | - | Terminated |
| 2024-07-22 | 2024-09-03 | 43 | $2,788,800 | - | Terminated |
| 2020-10-28 | 2020-12-01 | 36 | $2,148,000 | $2,000,000 | Sold |
| 2020-10-26 | 2020-12-01 | 36 | $2,148,000 | $2,000,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
225' x 553'
Fronting
North
Taxes
$9,994 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Built-In
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Springwater Market Statistics
Springwater Price Trend
7 Loftus Rd is a 5-bedroom 5-bathroom home listed for sale at $2,299,990, which is $889,990 (63.1%) higher than the average sold price of $1,410,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Springwater increased by $90,000 (6.8%) compared to the previous 30 day period (December 22 - January 20) and up $272,500 (24.0%) from the same time one year ago.Inventory Change
There were 9 5-bedroom homes listed in Springwater over the last 30 days (January 21 - February 19), which is up 80.0% compared with the previous 30 day period (December 22 - January 20) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Springwater typically sold ($19,600) (1.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $85,400 increase compared to the previous 30 day period (December 22 - January 20) and ($50,000) 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 5-bedroom homes in Springwater over the last 30 days (January 21 - February 19) stood at 33.3%, up from 20.0% over the previous 30 days (December 22 - January 20) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Springwater stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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