Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

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.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale Listed 6 days ago

    4274 Canal Road

    Rural Severn·Severn, ON·L0K 2B0·Near HW 11N TO CANAL RD EXIT KEEP RT OVER BRIDGE LF ON CANAL PAST LOCKS

    • 3 beds
    Severn real estate›S13423908
    • 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 4274 Canal Road, your waterfront escape on the renowned Trent-Severn Waterway. Nestled on a private leased lot with 75 feet of unobstructed waterfront, this charming 3-bedroom cottage offers the perfect opportunity to enjoy life on the water without the expense of traditional waterfront ownership. Inside, you'll find a bright and functional layout featuring a fully equipped kitchen, comfortable living area, three bedrooms, and a 3-piece bathroom, all on one level. Recent updates include a new roof, hot water tank, custom barn doors, a beautifully finished pine-accented primary bedroom, and updated appliances including the refrigerator and microwave. The cottage is partially winterized and, with the addition of a heat line, could be enjoyed throughout all four seasons. Step outside and embrace the cottage lifestyle. A spacious deck overlooks the water, creating the perfect setting for morning coffee, family gatherings, or relaxing afternoons in the sun. The 10' x 30' dock provides ample space for boating, swimming, fishing, and paddleboarding, while the newer waterside gazebo offers a peaceful spot to enjoy meals and entertain guests. A custom fire pit area, wood storage, updated landscaping, improved driveway, and detached single-car garage complete this exceptional property. Spend your summers boating through one of Ontario's most iconic waterways, swimming from your dock, and enjoying spectacular sunsets. In the fall, explore the vibrant colours by boat, while winter offers easy access to snowmobile trails, ice fishing, and nearby ski hills. Located approximately 1.5 hours north of Toronto and a short drive to Orillia and local amenities. Annual land lease is currently $11,854. Skip the airports, travel schedules, and time-shares. This is your waterfront retreat, ready whenever you are. Please note: this is a seasonal cottage, not intended for year-round residential use. Short-term rentals and income-producing use are not permitted.

    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
    Jun 9, 2026ListedCurrentFor sale$399,000 —S13423908This 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

      4
      Heating
      Other
      Air conditioning
      Window Unit(s)
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 4274 Canal Road
    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
    $1,960
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $170
    0.51% 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
      $848,313
      Last 30 days
    • Median sold price
      $725,000
      Middle of the market
    • Days on market
      64 d
      Avg from list to close
    • Closed last 30d
      67
      MLS® transactions
    Full Severn market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 4274 Canal Road — 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 4274 Canal Road 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 4274 Canal Road listed for?

      4274 Canal Road is listed at $399,000 on the MLS® (listing S13423908). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 4274 Canal Road 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. 1 bath
  2. 700-1100 sqft
  3. Detached
  4. Asking
    $399,000
    $0 / sqft · MLS® S13423908
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $848,313
    $780,448Confidence range$916,178
    Asking vs estimate
    ↓below
    −$449,313
    (-53.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Severn sell in about 64 days — this one has been listed 6 days.

    Avg sold price
    $848,313
    Median sold
    $725,000
    Avg days on market
    64
    Recently sold
    67
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Nestled on a private leased lot with 75 feet of unobstructed waterfront, this charming 3-bedroom cottage offers the perfect opportunity to enjoy life on the water without the expense of traditional waterfront ownership.
    • Recent updates include a new roof, hot water tank, custom barn doors, a beautifully finished pine-accented primary bedroom, and updated appliances including the refrigerator and microwave.
    • A spacious deck overlooks the water, creating the perfect setting for morning coffee, family gatherings, or relaxing afternoons in the sun.
    • A custom fire pit area, wood storage, updated landscaping, improved driveway, and detached single-car garage complete this exceptional property.
    Ask Zara a follow-up
    Holding Tank
  6. Parking & garage

    3
    Garage
    Detached
    Parking spaces
    8
    Driveway
    8
  7. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
  8. Exterior & construction

    5
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Post & Pad
    Waterfront
    Y
    Pool
    None
  9. Lot & land

    1
    Zoning
    RES/REC
  10. Listing & possession

    3
    Possession
    2026-07-24T00:00:00.000-00:00
    Property style
    1 Storey/Apt
    Property class
    Detached
  11. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Bedroom
      9.7 × 9.3 ft
    • Bathroom
      3 Pc Bath
      5.5 × 6.1 ft
    • Living Room
      9.8 × 13.7 ft
    • Kitchen
      12.0 × 9.7 ft
    • Bedroom
      6.9 × 9.4 ft
    • Bedroom
      6.0 × 9.3 ft
    • Dining Room
      9.5 × 14.0 ft
    Combined estimate
    $2,130
    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
    $1,960
    /mo
    based on the purchase price of $399,000
    $79,800 cash
    $319,200 financed
    $268,850 total interest
    Monthly payment$1,960/ month
    Principal54%$319,200
    Interest46%$268,850

    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 and real property tax.

    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.

    • 2973 Matchedash Street
      Sold
      Sign in for price
      2973 Matchedash Street
      Detached
    • 3693 Town Line
      Sold
      Sign in for price
      3693 Town Line
      Detached
    • 3127 Grange Avenue
      Sold
      Sign in for price
      3127 Grange Avenue
      Detached
    • 1878 Ridley Boulevard
      Sold
      Sign in for price
      1878 Ridley Boulevard
      Detached
    • 2531 Baguley Road
      Sold
      Sign in for price
      2531 Baguley Road
      Detached
    • 4117 ELAINE Street
      Sold
      Sign in for price
      4117 ELAINE Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    4274 Canal RoadThis home3 / 17,001,100$399,000ask———
    2973 Matchedash Street4 / 22,000—
    3693 Town Line3 / 22,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Severn

    Active listings within ±20% of this asking price.

    • 9434 11 Highway
      $399,500
      9434 11 Highway
      Detached 3 1
    • 12979 County 16 Road
      $445,000
      12979 County 16 Road
      Detached 2 1
    • 3427 Coronation Avenue
      $345,000
      3427 Coronation Avenue
      Detached 2 1
    • 3322 Pleasant Road
      $399,900
      3322 Pleasant Road
      Detached 2 1
    • 1435 Fox Road
      $399,900
      1435 Fox Road
      Detached 2 2
    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.

  12. One team, no handoffs

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

  13. Showings on YOUR schedule

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

  14. Mortgage that closes

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

  15. Public listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY · displayed on Summitly per MLS® data-share rules

    4274 Canal Road is a 3-bedroom, 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 4274 Canal Road built?

    The year built for 4274 Canal Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 4274 Canal Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 4274 Canal Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 4274 Canal Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 4274 Canal Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 4274 Canal Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 4274 Canal Road in?

    4274 Canal Road is in Rural Severn, Severn. The 'Neighbourhood' section below links to the live Severn real estate hub with average sold price, days on market, and current inventory.

  21. 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.

  22. 3127 Grange Avenue
    3 / 2
    1,100
    —
    1878 Ridley Boulevard4 / 31,500—
    2531 Baguley Road2 / 31,500—
    4117 ELAINE Street2 / 1700—