The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Please see Virtual Tour. Welcome to 1602 Severn Dr, an extensively upgraded, move-in-ready detached home offering approx. 2,700 sq. ft. above grade, 4 bedrooms & 4 bathrooms, with approx. $200K invested in upgrades & improvements, including nearly $150K in builder upgrades plus significant owner-added enhancements. Thoughtfully designed with quality, functionality & everyday luxury in mind, this impressive home features wide-plank hardwood flooring, smooth ceilings, pot lights throughout, upgraded trim, custom oak stairs with black metal pickets & a beautifully finished gas fireplace. At the heart of the home is the stunning Chef's Kitchen, complete with two-tone cabinetry, stacked upper cabinets, soft-close doors & drawers, quartz countertops, two-sided waterfall island, herringbone marble backsplash, full-height pantry, pull-out spice racks, pot-and-pan drawers, built-in waste/recycling storage & extensive cabinetry. Premium Samsung smart stainless-steel appliances include a gas cooktop and built-in dual oven/microwave combination. The second floor continues to impress with approx. 9-ft ceilings, hardwood throughout all bedrooms & hallways, convenient upper-level laundry & a highly desirable 3-bathroom configuration. The spacious primary retreat offers dual walk-in closets & a spa-inspired ensuite featuring double sinks, upgraded quartz, frameless glass shower, designer tile & a multi-function vertical spa system. Bedroom 4 enjoys its own private ensuite, while Bedrooms 2 & 3 share an upgraded ensuite. Additional highlights include 200-amp electrical service, installed EV charger, central A/C, roller blinds throughout, separate side entrance, gas BBQ rough-in, a rec-room-ready basement with enlarged windows and 3-piece bathroom rough-in. Outside, enjoy a fully fenced backyard with rear deck, perfect for relaxing or entertaining. A truly turn-key home where the major upgrades have already been completed - just move in and enjoy.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,894/mo
Mortgage (principal + interest)$5,424
Property taxFrom listing: $5,645/yr$470
Minimum $119,990 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$289,980
Ontario land transfer taxProvincial brackets, no first-time refund$25,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$318,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Milton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
