5552 Rama Road, Ramara, ON

$550,000
MLS#:S12024190
3 beds
1 baths
700-1100 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 133 x 174 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Unlimited Opportunity! Currently Operating As A Licensed Air Bnb Only Minutes To Casino Rama This Property Could Be Your Home, Your Home Away From Home Or Your Cash Cow That Helps Pay For Your Next Home! Over 1000 Sq Feet And A Steady Stream Of Booking There Is Something For Everyone. Recent Upgrades Include, Furnace, Insulation, Evestrough. Zoning Allows For Additional Homes Plus Granny Flat. Close To Trails, Bus Access, Hwy 11 And 12, Minutes To Orillia, Lakes. Over 1/2 Acre Lot With Deck And Patio, Mature Tress

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 29, 2025
Sold price information is available to members only
Listed Date3/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size133 × 174 Feet
CountySimcoe
Annual Tax$1,720
Legal DescriptionPT N 1/2 LT 27 CON 13 MARA; PT S 1/2 LT 27 CON 13 MARA; PT LT 28 CON 13 MARA AS IN RO781554 EXCEPT HWY PL 802 ; RAMARA

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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5552 Rama Road, Ramara, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Ramara, Ramara.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$786,736

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Uptergrove
Public4833 Muley Point Road, Ramara Township, Ontario, L3V 8C3
4.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5552 Rama Road, Ramara, ON L3V 0S3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$143
Utilities & Maint.$350
Total Monthly Cost$3,050

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Ramara.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.