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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 57 days

    3740 Lakepoint Drive

    West Shore·Severn, ON·L3V 8N1·Near Lakepoint Dr/Sunbank Cres

    • 4 beds
    Severn real estate›S13061112
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 3740 Lakepoint Drive in Severn, located in the sought-after Paradise by the Lake community near Lake Couchiching and minutes to Orillia and Highway 11. This brand new, never-lived-in home offers modern luxury, high-end upgrades, and a lifestyle defined by space, light, and comfort. Expansive windows and soaring ceilings-approximately 19 ft open to above on the main level and 10 ft upstairs-create a bright, airy atmosphere. The open-concept layout is designed for connection, anchored by a fireplace with customizable colour settings, designer light fixtures, and built-in features throughout. Heated floors on the main level, powered by a boiler system, add year-round comfort. The kitchen features quartz waterfall countertops, large-format tile flooring, generous cabinetry, and seamless flow into the living and dining areas. A standout architectural feature is the open-rise staircase with 3-inch treads and glass railings. The main floor also includes a versatile in-law suite with separate entrance, ensuite bathroom, bar fridge, and storage-ideal for extended family, guests, home office, or income potential. Additional highlights include a tankless water heater and sliding glass walkout to the backyard, sprinkler system. Upstairs, the primary suite offers a spa-inspired ensuite with soaker tub, multi-function shower, and illuminated mirrors. Move-in ready with extensive high-end upgrades throughout. Where everyday living meets elevated design, just moments from the water.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 30, 2026ListedCurrentFor sale$1,100,000 —S13061112This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 3740 Lakepoint Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,404
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $605
    0.66% mill rate · ON
    The market

    How this home sits in the Severn market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Severn market right now

    Average sold price, days on market, and closed-transaction count for Severn — sourced from MLS®.

    • Avg sold price
      $831,887
      Last 30 days
    • Median sold price
      $740,000
      Middle of the market
    • Days on market
      56 d
      Avg from list to close
    • Closed last 30d
      71
      MLS® transactions
    Full Severn market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 3740 Lakepoint Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 3740 Lakepoint Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 3740 Lakepoint Drive listed for?

      3740 Lakepoint Drive is listed at $1,100,000 on the MLS® (listing S13061112). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 3740 Lakepoint Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 5 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 0-5
  5. Asking
    $1,100,000
    $0 / sqft · MLS® S13061112
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $981,627
    $903,097Confidence range$1,060,157
    Asking vs estimate
    ↑above
    +$118,373
    (+12.1%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Severn sell in about 56 days — this one has been listed 57 days.

    Avg sold price
    $831,887
    Median sold
    $740,000
    Avg days on market
    56
    Recently sold
    71
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • This brand new, never-lived-in home offers modern luxury, high-end upgrades, and a lifestyle defined by space, light, and comfort.
    • The open-concept layout is designed for connection, anchored by a fireplace with customizable colour settings, designer light fixtures, and built-in features throughout.
    • The kitchen features quartz waterfall countertops, large-format tile flooring, generous cabinetry, and seamless flow into the living and dining areas.
    • Upstairs, the primary suite offers a spa-inspired ensuite with soaker tub, multi-function shower, and illuminated mirrors.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    4
  8. Interior

    5
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Upper Level
  9. Exterior & construction

    4
    Exterior
    Stucco (Plaster)
    Roof
    Flat
    Foundation
    Poured Concrete
    Pool
    None
  10. Lot & land

    1
    Year built
    0-5
  11. Listing & possession

    3
    Occupancy
    TBD
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 8 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    3 rooms
    • Great Room
      hardwood floor · pot lights · 3 pc ensuite
      19.0 × 12.7 ft
    • Living Room
      gas fireplace · hardwood floor · pot lights
      17.0 × 16.2 ft
    • Kitchen
      tile floor · quartz counter · window floor to ceiling
      15.6 × 11.2 ft

    Second level

    5 rooms
    • Bedroom 4
      hardwood floor · double closet · large window
      9.5 × 14.1 ft
    • Media Room
      hardwood floor · b/i shelves · open concept
      13.1 × 7.0 ft
    • Primary Bedroom
      hardwood floor · b/i closet · 5 pc ensuite
      18.1 × 12.6 ft
    • Bedroom 3
      hardwood floor · large closet · large window
      9.1 × 10.9 ft
    • Bedroom 2
      hardwood floor · closet · 3 pc bath
      9.9 × 9.2 ft
    Combined estimate
    $6,009
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,404
    /mo
    based on the purchase price of $1,100,000
    $220,000 cash
    $880,000 financed
    $741,191 total interest
    Monthly payment$5,404/ month
    Principal54%$880,000
    Interest46%$741,191

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    Comparable detacheds that just sold in Severn

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 60 Donlands Court
      Sold
      Sign in for price
      60 Donlands Court
      Detached
    • 3569 Brennan Line
      Sold
      Sign in for price
      3569 Brennan Line
      Detached
    • 2551 Amigo Drive
      Sold
      Sign in for price
      2551 Amigo Drive
      Detached
    • 3197 Crescent Bay Road
      Sold
      Sign in for price
      3197 Crescent Bay Road
      Detached
    • 3368 Muskoka Street
      Sold
      Sign in for price
      3368 Muskoka Street
      Detached
    • 4382 Uhthoff Line
      Sold
      Sign in for price
      4382 Uhthoff Line
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    3740 Lakepoint DriveThis home4 / 525,003,000$1,100,000ask———
    60 Donlands Court3 / 31,100—
    3569 Brennan Line3 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Severn

    Active listings within ±20% of this asking price.

    • 45 Sheppard Street
      $999,900
      45 Sheppard Street
      Detached 3 3
    • 3146 Wasdell Falls Road
      $1,299,999
      3146 Wasdell Falls Road
      Detached 4 5
    • 4254 Forest Wood Drive
      $1,050,000
      4254 Forest Wood Drive
      Detached 3 4
    • 1775 Loretta Avenue
      $1,138,000
      1775 Loretta Avenue
      Detached 3 2
    • 1607 Georgian Heights Boulevard
      $1,100,000
      1607 Georgian Heights Boulevard
      Detached 3 3
    • 9434 & 9408 11 Hwy Highway
      $899,000
      9434 & 9408 11 Hwy Highway
      Detached 3 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. · displayed on Summitly per MLS® data-share rules

    3740 Lakepoint Drive is a 4-bedroom, 5-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 3740 Lakepoint Drive built?

    3740 Lakepoint Drive was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 3740 Lakepoint Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 3740 Lakepoint Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 3740 Lakepoint Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,100,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 3740 Lakepoint Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 3740 Lakepoint Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 3740 Lakepoint Drive in?

    3740 Lakepoint Drive is in West Shore, Severn. The 'Neighbourhood' section below links to the live Severn real estate hub with average sold price, days on market, and current inventory.

  22. Is Severn a good place to live?

    Severn is one of ON's actively-tracked Summitly markets. The full Severn real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 2551 Amigo Drive
    3 / 2
    1,100
    —
    3197 Crescent Bay Road3 / 21,100—
    3368 Muskoka Street3 / 11,100—
    4382 Uhthoff Line3 / 2700—