Sold for:Sold Apr 17, 2025
$599,900

16 Lorne Street

Springwater (Elmvale), ON L0L 1P0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 16 Lorne Street, Springwater, Elmvale

2025-04-09
2025-04-17
Sold
Price
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MLS#
s12071149

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 16 Lorne Street, Springwater, Elmvale

Top 5 Reasons You Will Love This Home: 1) Settled the heart of Elmvale's welcoming community, this charming raised bungalow is a wonderful opportunity for first-time buyers, investors, or those looking to downsize in comfort 2) The main level offers an easy, flowing layout with a generous eat-in kitchen and two spacious bedrooms, making everyday living effortless 3) Downstairs, the finished lower level extends the living space with a warm and inviting recreation room featuring a cozy fireplace, an additional bedroom, and a full bathroom, perfect for guests or growing families 4) Step outside to enjoy a fully fenced backyard with plenty of room for kids or pets to roam, plus a handy garden shed to keep everything neatly tucked away 5) Just minutes from all local conveniences, parks, and the lively fairgrounds. 847 above grade sq.ft. plus a partially finished basement. Visit our website for more detailed information.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,921
Land Transfer Tax Fee
$8,473

Rental Items

Rental Equipment
Hot Water Heater.

Basement Type
Full, Partially Finished

Interior Features

Interior Extras
None
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Patio
Pool
None
Property Features
Fenced Yard, Level, Rec./Commun.Centre, School, Wooded/Treed
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
Bungalow-Raised

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
67.31 ft
Lot Depth
162.10 ft
Lot Shape
Rectangular

Inclusions

Inclusions
Stove, Microwave, Dishwasher, Washer, Dryer, Existing Light Fixtures, Existing Window Coverings.

Exclusions

Exclusions
Kitchen Fridge, Kitchen Stand-up Freezer, Outside Fridge on Back Deck.

Parking & Garages

Garage Type
None
Garage Spaces
5
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Ground Source
Heat Type
Heat Pump
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Recreation—
    Lower level, Laminate, Gas Fireplace, Ceiling Fan(s)
  • Kitchen—
    Main level, Eat-in Kitchen, Laminate, Breakfast Area
  • Primary Bedroom—
    Main level, Laminate, Closet, Window
  • Bedroom—
    Main level, Closet, Window, W/O To Yard
  • Bedroom—
    Lower level, Laminate, Double Closet, Window
  • Laundry—
    Lower level, Window

Washrooms

  • 4-piece, Main
  • 3-piece, Lower

Municipality
Springwater
Neighbourhood
Elmvale
Main cross streets
George St/Lorne St
Zoning
R-1
Directions
George St/Lorne St

MLS® number
S12071149
Data source
Toronto Regional Real Estate Board
Status change
2025-04-17
Listed on
2025-04-09
Days on market
8 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
FARIS TEAM REAL ESTATE

Home Market Value

Current home valuation for 16 Lorne Street, Springwater, Elmvale, Springwater, ON. Listed for $599,900

HOMEH Estimate

?

$373,388

Estimated Sales Range

?

$261,372 - $485,404

HOMEH Estimate for 16 Lorne Street, Springwater, Elmvale

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$373,388Low confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Springwater, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,900 over $500K

Minimum down payment

$34,990

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+CMHC insurance
$22,580$16,737$14,278$0
=Total mortgage
$587,086$556,647$524,193$479,920
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Payment frequency
=Mortgage payment
$2,866monthly$2,718monthly$2,559monthly$2,343monthly
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Land Transfer Tax

Provincial

$8,473

Total Land Transfer Tax

$8,473

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