**Waterfront living on the trent-severn waterway!**Welcome to **3908 West Canal Road in Severn**, an incredible opportunity to own your own piece of waterfront in a quiet and peaceful setting. Set on a beautiful **150-foot-deep lot with approximately 74 feet of river frontage**, this property offers the kind of lifestyle people come north to find - boating from your own private dock, relaxing by the water, entertaining family and friends, or simply enjoying the peace and privacy of waterfront living.The home offers the flexibility of **year-round living, a summer retreat, or an exciting renovation opportunity** for someone looking to create their dream waterfront property. The house could benefit from some updating and TLC, but that's exactly where the opportunity lies - bring your ideas, add your personal style and transform this property into something truly special.A **detached garage** provides additional space for vehicles, tools, water toys and storage, while the generous lot gives you plenty of room to enjoy the outdoors.Best of all, you're connected to the incredible **Trent-Severn Waterway**, opening the door to endless days of boating, fishing and exploring some of Ontario's most beautiful waterways.Located on a **quiet road approximately 1 hour and 40 minutes from Toronto**, this is an ideal escape from the city without giving up the convenience of year-round accessibility.**Waterfront. Private dock. Detached garage. Incredible lot. Trent-Severn access.**Whether you're searching for a full-time waterfront home, a family cottage, or a property you can renovate and make your own, **3908 West Canal Road is an opportunity to create the waterfront lifestyle you've been waiting for***
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $857 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3908 Canal Rd W
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
3908 Canal Rd W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,947
/mo
based on the purchase price of $599,900
$119,980 cash
$479,920 financed
$404,219 total interest
Principal54%$479,920
Interest46%$404,219
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.
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Similar homes for sale nearby in Severn
Other 3–4 bed homes for sale in Severn around $600K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio94.1%On average, homes sold below asking.
Active listings215Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 12 – Aug 10, 2026: prices up.
Based on 111 sales from Aug 10 – Nov 8, 2026 (70 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3908 Canal Rd W
How much is 3908 Canal Rd W listed for?
3908 Canal Rd W is listed at $599,900 (MLS® S13783520). Summitly updates the price as soon as the MLS® record changes.
Is $599,900 a good price for 3908 Canal Rd W?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Severn. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3908 Canal Rd W changed?
Yes — it was first listed at $635,000 and is now $599,900, a drop of $35,100 (5.5%).
How many bedrooms and bathrooms does 3908 Canal Rd W have?
3908 Canal Rd W has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Severn.
How much would the monthly mortgage be on 3908 Canal Rd W?
About $2,947 a month — principal and interest on $599,900 with 20% down ($119,980), 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 3908 Canal Rd W compare with other homes in Severn?
Its asking price of $599,900 is about 16% below the median sold price in Severn over the last 90 days, $713,000, across 111 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 3908 Canal Rd W been sold before?
Summitly has no earlier MLS® sale or lease of 3908 Canal Rd W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3908 Canal Rd W?
3908 Canal Rd W is in Severn, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3908 Canal Rd W been on the market?
55 days — 3908 Canal Rd W was listed on September 14, 2026.
What is the price per square foot of 3908 Canal Rd W?
About $545 to $857 per square foot: the asking price of $599,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 3908 Canal Rd W have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 3908 Canal Rd W have a basement, and is it finished?
The listing describes the basement as: Crawl Space.