3391 Russell Dr is a land in Severn, listed for $449,000.
1Set within this exclusive enclave, this vacant building lot offers the opportunity to create a custom year-round residence or recreational retreat on the shores of Little Lake/Gloucester Pool.
2Enjoy direct access to the Trent-Severn Waterway and the endless recreational possibilities of Gloucester Pool, including boating, fishing, swimming, kayaking and paddleboarding.
3Explore the connected waterways toward Georgian Bay and beyond, all from your private community waterfront.
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Lots & Land in Severn
About 3391 Russell Drive
Welcome to 3391 Russel Drive at Eco-Bay Estates, an opportunity to build your dream waterfront home in an exceptional private community on the Trent-Severn Waterway. Set within this exclusive enclave, this vacant building lot offers the opportunity to create a custom year-round residence or recreational retreat on the shores of Little Lake/Gloucester Pool. Eco-Bay Estates is a private 50-acre peninsula with just 14 thoughtfully planned residences, creating a truly unique low-density waterfront community. A standout feature of the community is its shared one-acre waterfront parcel, complete with a large multi-slip dock for residents' enjoyment. The gated waterfront area is just a 2-minute walk from the property via a paved road and provides convenient access for boaters, with slips accommodating vessels from approximately 20 to 50 feet. Enjoy direct access to the Trent-Severn Waterway and the endless recreational possibilities of Gloucester Pool, including boating, fishing, swimming, kayaking and paddleboarding. Explore the connected waterways toward Georgian Bay and beyond, all from your private community waterfront. The estate was carefully designed to blend with its natural surroundings, featuring beautiful hardwood forest and classic Canadian Shield landscape. Thoughtfully planned infrastructure and low-density development provide an exceptional balance of privacy, tranquility and waterfront lifestyle. The location is equally impressive, just minutes from Highway 400 and approximately 15 minutes north of Barrie and 20 minutes west of Orillia, with restaurants, shopping, healthcare and everyday amenities all within easy reach. Golf, hiking, cycling, skiing, snowmobiling and other four-season recreational activities are also nearby. Whether you envision a sophisticated year-round residence or a private waterfront escape, this is an opportunity to build a home tailored entirely to your vision in a highly desirable and conveniently located waterfront community.
Severn land priced at $449,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 3391 Russell Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
3.46
Listing & possession
Property class
Vacant Land
3391 Russell Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13687708$449,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3391 Russell Dr 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
$2,206
/mo
based on the purchase price of $449,000
$89,800 cash
$359,200 financed
$302,541 total interest
Principal54%$359,200
Interest46%$302,541
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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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 market44Homes sold in about 44 days on average.
Sale-to-list ratio94.5%On average, homes sold below asking.
Active listings241Homes for sale here right now.
Median vs prior 90 days+1.7%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 102 sales from Jul 12 – Oct 10, 2026 (66 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3391 Russell Dr
How much is 3391 Russell Dr listed for?
3391 Russell Dr is listed at $449,000 (MLS® S13687708). Summitly updates the price as soon as the MLS® record changes.
Has the price of 3391 Russell Dr changed?
No — 3391 Russell Dr is still listed at its original asking price of $449,000.
How many bedrooms and bathrooms does 3391 Russell Dr have?
The listing for 3391 Russell Dr doesn't publish its bedroom and bathroom count. It is a lot in Severn.
How much would the monthly mortgage be on 3391 Russell Dr?
About $2,206 a month — principal and interest on $449,000 with 20% down ($89,800), 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 3391 Russell Dr compare with other homes in Severn?
Its asking price of $449,000 is about 39% below the median sold price in Severn over the last 90 days, $737,500, across 102 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 3391 Russell Dr been sold before?
Summitly has no earlier MLS® sale or lease of 3391 Russell Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3391 Russell Dr?
3391 Russell Dr is in Severn, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3391 Russell Dr been on the market?
54 days — 3391 Russell Dr was listed on August 17, 2026.
What is the lot size of 3391 Russell Dr?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 3391 Russell Dr?
About $5,455 in Ontario land transfer tax at the asking price of $449,000. 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 3391 Russell Dr 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 3391 Russell Dr?
The listing for 3391 Russell Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Severn.
