3872 Elva Lane, Severn, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Severn. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $865,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 229 x 194.46 ft lot
- Ample parking with 0.0 garage spaces (5.0 total parking spaces)
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via electric
Description
Spectacular Waterfront Property on Tea Lake - Privacy, Beautiful Views & Endless Possibilities! Welcome to your private waterfront retreat on beautiful Tea Lake in Severn Township! This charming 2-bedroom plus seasonal bedroom, 1-bath bungalow-style cottage offers an incredible opportunity to enjoy cottage living surrounded by nature. Boasting an impressive 238 feet of deep, clean waterfront, the 1+ acre property features a recently renovated steel-frame dock extending along the shoreline, perfect for swimming, boating, fishing, or simply relaxing while enjoying spectacular lake views. With Crown land bordering two sides, you'll enjoy exceptional privacy in a peaceful natural setting. Enjoy the existing cottage or explore the possibility of building your dream home on this spectacular property. Future development is subject to municipal and regulatory approvals. Although primarily seasonal, the heated waterline and cozy propane fireplace offer the opportunity to extend your enjoyment into the winter months. Imagine relaxing by the fire after a day of snowmobiling, with the snowmobile trail conveniently located at the rear of the property! Close to the famous Big Chute Marine Railway, this property is ideally situated for outdoor enthusiasts, offering excellent boating, fishing, snowmobiling, and exploring nearby waterways. Whether you're seeking a family cottage, a peaceful waterfront escape, or the perfect setting for your dream home, this Tea Lake gem offers an exceptional combination of privacy, natural beauty, and possibilities. Enjoy it today, dream about tomorrow!
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Property Summary
This detached home located at 3872 Elva Lane, Severn is currently for sale and has been available for 0 days. This property is listed at $865,000 with an estimated mortgage of $2,879* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 3872 Elva Lane, 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Severn, Severn.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Severn?
If you are looking for a house in Severn or researching Severn real estate for sale, this 2-bedroom detached at 3872 Elva Lane, Severn, ON offers an exceptional opportunity to buy a home in Severn, Ontario. Whether you are a first-time Severn home buyer or comparing active Severn MLS® homes for sale, working with a dedicated Severn buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Severn realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Severn Buyer Budget & Costs
Estimated mortgage: $2,879*/month*. Estimated Ontario Land Transfer Tax: $13,775. First-time Severn home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Severn
Frequently Asked Questions about 3872 Elva Lane, Severn, ON
Q.What is the asking price for 3872 Elva Lane, Severn, ON ?
The current listing price for 3872 Elva Lane, Severn, ON in Rural Severn, Severn is $865,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 3872 Elva Lane, Severn, ON ?
3872 Elva Lane, Severn, ON is a Detached (Bungalow) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
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 Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Rural Severn, Severn
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 3872 Elva Lane, Severn, ON L0K 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Severn, ON
For a property listed at $865,000 in Severn, the legal minimum down payment is $61,500 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 $13,775 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 $13,775.
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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.
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