3415 Reservoir Road, Severn, ON

$789,900
MLS#:S13605900
3 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
3415 Reservoir Road, Severn, ON L0K 1E0

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium board & batten and stone construction, this residence presents an exceptional opportunity offered at $789,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 60 x 100 ft lot
  • Features a unfinished, full, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Built-In Oven, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Top 5 Reasons You Will Love This Home: 1) Brand new build, built in 2025, this home showcases timeless design with a classic board-and-batten exterior, warm wood accents, and an inviting front porch that creates a lasting first impression, constructed with top-quality materials throughout for exceptional durability, efficiency, and long-term peace of mind 2) Stunning interior with elevated finishes, featuring beautiful luxury vinyl floors throughout and a seamless open-concept layout, the kitchen is a true show-stopper with quartz countertops, a farmhouse sink, and stylish details, while the bathrooms are elegantly appointed with refined, high-end finishes 3) Bright and airy great room with scenic views, featuring soaring cathedral ceilings and oversized windows that flood the space with natural light while showcasing uninterrupted views of peaceful green space and surrounding nature 4) Versatile lower level with income potential, featuring a full basement with 9' ceilings and rough-in plumbing, HVAC, and electrical, offering a blank canvas ideal for additional living space, recreation room, or a separate entrance, 3 bedroom, 1 bath, Secondary Suite for rental income or multi-generational living 5) Relax and unwind in your beautifully landscaped backyard, complete with a deck, hot tub, and serene views of open green space and woodland, offering the perfect setting for entertaining or enjoying quiet moments in nature, a true place you will want to call home. 1,438 above grade sq.ft. plus an unfinished basement.

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Property Summary

This detached home located at 3415 Reservoir Road, Severn is currently for sale and has been available on SousaSells for 12 days. This property is listed at $789,900 with an estimated mortgage of $2,629* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 3415 Reservoir Road, Severn is in the Rural Severn neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rural Severn, Severn.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Severn.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional Escape
Listed Date7/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten , Stone
BasementUnfinished, Full, Development Potential
Lot Size60 × 100 Feet
CountySimcoe
Annual Tax$3,257
Legal DescriptionPT SW1/2 LT 21 CON 11 MEDONTE PT 1, 51R1247; SEVERN

Parking & Garage

Parking Total5.0
Parking Space5
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Cul de Sac/Dead End
  • Wooded/Treed

Interior Features

  • Built-In Oven
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 3415 Reservoir Road, Severn, ON

Q.What is the asking price for 3415 Reservoir Road, Severn, ON ?

The current listing price for 3415 Reservoir Road, Severn, ON in Rural Severn, Severn is $789,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 3415 Reservoir Road, Severn, ON ?

3415 Reservoir Road, Severn, ON is a Detached (Bungalow) featuring a Unfinished, Full, Development Potential basement.

Q.What key property features does 3415 Reservoir Road, Severn, ON offer?

Key property features include: Clear View, Cul de Sac/Dead End, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

Location

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3415 Reservoir Road, Severn, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 3415 Reservoir Road, Severn, ON L0K 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Severn.

Configure Loan Settings

Interest Rate4.00%
Down Payment$236,970 (30.0%)
* Minimum Canadian down payment required for this price is $53,990.
Amortization Period30 Years
Estimated Monthly Payment$2,629Based on a loan of $552,930 over 30 years.
Purchase Price$789,900
Loan Amount$552,930
Provincial Land Transfer Tax:$12,273
Total Estimated Closing Taxes:$12,273

About Purchasing a Home in Severn, ON

For a property listed at $789,900 in Severn, the legal minimum down payment is $53,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,273 for this transaction. As this listing is in Severn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,273.

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Rural Severn, Severn Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Severn, Severn.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,220,231

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Rural Severn, Severn

Elementary Schools

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Secondary Schools

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Rural Severn, Severn Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.