3872 Elva Lane, Severn, Ontario L0K 1E0

Detached
2
1
~700-1100 sqft
$865,000
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Detached
2
1
~700-1100 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,011/sqft

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Description

Spectacular Waterfront Property on Tea Lake - Privacy, Beautiful Views & Endless Possibilities! Welcome to your private waterfront retreat on beautiful Tea Lake in Severn Township! This charming 2-bedroom plus seasonal bedroom, 1-bath bungalow-style cottage offers an incredible opportunity to enjoy cottage living surrounded by nature. Boasting an impressive 238 feet of deep, clean waterfront, the 1+ acre property features a recently renovated steel-frame dock extending along the shoreline, perfect for swimming, boating, fishing, or simply relaxing while enjoying spectacular lake views. With Crown land bordering two sides, you'll enjoy exceptional privacy in a peaceful natural setting. Enjoy the existing cottage or explore the possibility of building your dream home on this spectacular property. Future development is subject to municipal and regulatory approvals. Although primarily seasonal, the heated waterline and cozy propane fireplace offer the opportunity to extend your enjoyment into the winter months. Imagine relaxing by the fire after a day of snowmobiling, with the snowmobile trail conveniently located at the rear of the property! Close to the famous Big Chute Marine Railway, this property is ideally situated for outdoor enthusiasts, offering excellent boating, fishing, snowmobiling, and exploring nearby waterways. Whether you're seeking a family cottage, a peaceful waterfront escape, or the perfect setting for your dream home, this Tea Lake gem offers an exceptional combination of privacy, natural beauty, and possibilities. Enjoy it today, dream about tomorrow!


Property Details

StyleBungalow
ViewLake, Trees/Woods
Age of property-
SqFt~700-1100 SqFt
Lot Size44,531 SqFt(194.46 x 229)
Parking Spaces5
MLS ®NumberS14101020
Community NameSevern
Data SourceTRREB
Listing byRoyal LePage In Touch Realty

Features

Heating: Baseboard
Fireplace

Main Floor

Kitchen

2.44 x 2.65

Living

6.93 x 3.45

Br

2.34 x 2.34

2nd Br

3.15 x 2.34


Features

Lot size: 44,531 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Date unavailable
ListedActive
$865,000
< 1h on market
history photo preview47
Listing by trreb®
Property listed by Royal LePage In Touch Realty, Brokerage
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Market Data - Severn

Geo Zone Map ThumbnailSevern

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2025

52 days

2024

47 days

2023

35 days

New Listings

Past 30 days

88 listings

Compared to

2025

82 listings

2024

67 listings

2023

91 listings

Units sold

Past 30 days

15 units

Compared to

2025

24 units

2024

29 units

2023

15 units

Median Sold Price

Past 30 days

$1,005,000

Compared to

2025

$710,000

2024

$940,000

2023

$675,000


Population and Demographics

Overview

Total population 14416
Average household income $123,611

Age (%)

0 to 19
19%
20 to 34
15%
35 to 49
16%
50 to 64
26%
65 and plus
24%

Household composition (%)

Single family
72%
Single person
24%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%
French
1%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget