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Lots & Land in Severn
About 3197 Severn River
Your opportunity to own a piece of paradise on the Severn River, a part of the beautiful Trent Canal system. This 3.2 acre parcel features 332 feet of pristine waterfrontage and has been cherished by the same family for over 40 years.Located in an established area characterized by fine permanent and seasonal residences, this property represents one of the largest remaining lots available for a custom home or cottage retreat. The land is beautifully treed with mature white pines and offers deep water access, making it ideal for both boating and swimming.The location provides a perfect balance of seclusion and accessibility, situated only 15 minutes from Coldwater, 45 minutes from Barrie, and approximately two hours from the GTA. (Listing Realtor related to Seller)
Severn land priced at $395,000 — book a tour to see if it fits your search.
Inside 3197 Severn River
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
3197 Severn River Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13709080$395,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3197 Severn River Compares to the Severn Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,941
/mo
based on the purchase price of $395,000
$79,000 cash
$316,000 financed
$266,155 total interest
Principal54%$316,000
Interest46%$266,155
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Zara · AI virtual agent
Ask about 3197 Severn River day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio93.5%On average, homes sold below asking.
Active listings242Homes for sale here right now.
Median vs prior 90 days+3.1%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 110 sales from Jul 25 – Oct 23, 2026 (62 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3197 Severn River
How much is 3197 Severn River listed for?
3197 Severn River is listed at $395,000 (MLS® S13709080). Summitly updates the price as soon as the MLS® record changes.
Has the price of 3197 Severn River changed?
No — 3197 Severn River is still listed at its original asking price of $395,000.
How many bedrooms and bathrooms does 3197 Severn River have?
The listing for 3197 Severn River doesn't publish its bedroom and bathroom count. It is a lot in Severn.
How much would the monthly mortgage be on 3197 Severn River?
About $1,941 a month — principal and interest on $395,000 with 20% down ($79,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3197 Severn River compare with other homes in Severn?
Its asking price of $395,000 is about 46% below the median sold price in Severn over the last 90 days, $737,500, across 110 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3197 Severn River been sold before?
Summitly has no earlier MLS® sale or lease of 3197 Severn River on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3197 Severn River?
3197 Severn River is in Severn, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3197 Severn River been on the market?
59 days — 3197 Severn River was listed on August 25, 2026.
What is the lot size of 3197 Severn River?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 3197 Severn River?
About $4,400 in Ontario land transfer tax at the asking price of $395,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 3197 Severn River or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 3197 Severn River?
The listing for 3197 Severn River doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Severn.