1602 Severn Drive, Milton

Price: $1,449,900

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13841456

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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active
New Listing

$1,449,900 - 1602 Severn Drive, Milton

Detached for Sale in Milton

New — Listed 5 days ago

Neighbourhood: 1025 - BW Bowes

4Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13841456
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Milton
Taxes (2025)
$5,645
Listing Brokerage
META REALTY INC.
Description

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.

Mortgage Calculator

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Estimated Payment

$6,413.40/mo

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5-yr fixed avg.

Principal: $1,159,920Interest: $764,099
Mortgage Amount$1,159,920
Total Interest$764,099
Est. Property Tax$1,027/mo
Total Cost$1,924,019

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1025 - BW Bowes

Discover 1025 - BW Bowes

1025 - BW Bowes is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1025 - BW Bowes

  • •Convenient location in Milton
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Craig Kielburger Secondary SchoolPublic High School
Milton District High SchoolPublic High School
Bishop Reding Catholic Secondary SchoolCatholic High School
Jean Vanier Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

1025 - BW Bowes offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1602 Severn Drive, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,027
Insurance (est.)-$302
Net Cash Flow+$2,221

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $580/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Milton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Milton Lifestyle

Milton offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

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    1602 Severn Drive, Milton | $1,449,900 | Battaglia Team