1586 Severn Dr

Bowes, Milton, L9E 1X8
FOR SALE
$1,599,000
1586 Severn Dr, Milton
1586 Severn Dr
1586 Severn Dr
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
W11967656
MLSID
Contact Us
Property Description
Over $100K upgrades. This Charming 4-bedroom detached home in the desirable Bowes Community, built by Mattamy with a stone and stucco exterior and Energy Star certification. The upstairs has three full bathrooms, including two ensuites. The spacious open layout includes a modern kitchen with soft-close cabinets, quartz countertops, a large island, and high-quality stainless-steel appliances. The bathrooms offer custom cabinets, glass enclosures, and upgraded tiles. The main floor features engineered hardwood, custom paint, and stylish lighting. There's laundry conveniently located on the bedroom level, and a separate entrance to the basement provides options for a recreation room or a two-bedroom apartment. **EXTRAS** Over $100K invested in premium upgrades! Situated in a prime location within a newer subdivision, just minutes from top schools, the hospital, shopping, dining, golf courses, and more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-09 2025-02-11 33 $1,399,000 - Terminated
2025-01-09 2025-02-11 33 $1,399,000 - Terminated
2024-10-04 2024-12-21 78 $1,669,000 - Terminated
2024-01-19 2024-03-25 66 $1,549,900 $1,520,000 Sold
2023-02-13 2023-05-03 75 $4,199 - Suspended
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
36' x 89'
Fronting
North
Taxes
$4,564 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyGround14.11' x 16.08'Fireplace
DiningGround14.44' x 15.75'Hardwood Floor
KitchenGround8.86' x 11.48'B/I Appliances
BreakfastGround7.55' x 11.48'Panelled
Prim Bdrm2nd17.06' x 16.08'Broadloom
2nd Br2nd10.83' x 17.06'3 Pc Ensuite
3rd Br2nd10.50' x 14.76'Broadloom
4th Br2nd9.84' x 11.15'Broadloom
Milton Market Statistics
Milton Price Trend
1586 Severn Dr is a 4-bedroom 4-bathroom home listed for sale at $1,599,000, which is $302,131 (23.3%) higher than the average sold price of $1,296,869 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Milton increased by $172,492 (15.3%) compared to the previous 30 day period (December 20 - January 18) and down $36,863 (2.8%) from the same time one year ago.
Inventory Change
There were 86 4-bedroom homes listed in Milton over the last 30 days (January 19 - February 17), which is up 95.5% compared with the previous 30 day period (December 20 - January 18) and up 22.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Milton typically sold ($31,085) (2.4%) below asking price over the last 30 days (January 19 - February 17), which represents a $14,152 decrease compared to the previous 30 day period (December 20 - January 18) and ($341) 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 Milton over the last 30 days (January 19 - February 17) stood at 26.7%, down from 122.7% over the previous 30 days (December 20 - January 18) and down from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Milton stood at 42 days when successfully sold over the last 30 days (January 19 - February 17), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Executive Homes Realty Inc.
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