1894 Marchmont Rd

Marchmont, Severn, L3V 6H2
FOR SALE
$1,429,000
1894 Marchmont Rd, Severn
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
1894 Marchmont Rd
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4 + 1
BEDROOMS
3
BATHROOMS
2
KITCHENS
11
ROOMS
S8182272
MLSID
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Property Description
4 bedroom home + Separate legal 830 sq ft Secondary Suite - Situated on forested 4.2 acres in the highly sought after Marchmont community, with walking , cross country skiing or biking trails this property is perfect for year-round outdoor enjoyment. The beautiful home offers a high end, professionally designed, rustic modern style - featuring 4 bedrooms, 2.5 bathrooms, heated floors in bathrooms & front entry, new windows, 3 walkouts to huge deck with hot Tub & Sauna plus central AC, gas furnace, main floor laundry, newer roof, exterior paint and more. This home was professionally renovated in 2013 and had additional upgrades completed in 2021/22. Beautiful custom made kitchen with peninsula, high end appliances incl. gas stove and an impressive side by side full fridge/freezer. Upgraded light fixtures throughout and gorgeous engineered hardwood floors. In addition, there is a fully legal 830 sq ft studio secondary dwelling
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-13 2024-01-17 65 $1,475,000 - Expired
Extras
perfect for multigenerational living or additional living space, home gym/office or income potential. fire pit, apple trees, & walking trails through the forest plus high speed internet - this is the perfect family home and/or investment.
Property Features
School Bus Route, Skiing, Wooded/Treed
Property Details
Community
City
Property Type
Detached, Bungaloft
Lot Size
483' x 512'
Acreage
2-4.99
Fronting
North
Taxes
$4,076 (2023)
Basement
Finished
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain32.81' x 59.06'
KitchenMain35.76' x 34.78'
Severn Market Statistics
Severn Price Trend
1894 Marchmont Rd is a 4-bedroom 3-bathroom home listed for sale at $1,429,000, which is $336,203 (30.8%) higher than the average sold price of $1,092,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Severn increased by $208,797 (23.6%) compared to the previous 30 day period (February 27 - March 27) and up $254,631 (30.4%) from the same time one year ago.
Inventory Change
There were 14 4-bedroom homes listed in Severn over the last 30 days (March 28 - April 26), which is up 75.0% compared with the previous 30 day period (February 27 - March 27) and up 27.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Severn typically sold ($47,350) (4.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $31,900 decrease compared to the previous 30 day period (February 27 - March 27) and $9,933 less 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 4-bedroom homes in Severn over the last 30 days (March 28 - April 26) stood at 28.6%, up from 25.0% over the previous 30 days (February 27 - March 27) and up from 27.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Severn stood at 32 days when successfully sold over the last 30 days (March 28 - April 26), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd.
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