5562 Rama Road, Ramara, ON

$469,900
MLS#:S11961299
2 beds
2 baths
700-1100 sqft
6.0 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 aluminum siding construction, this residence presents an exceptional opportunity offered at $469,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 80.12 x 289.79 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

**Attention Investors and first time home buyers!** This Bungalow in Ramara is an amazing opportunity located in the heart of lake country. This home offers 2 bedrooms and 2 bathrooms, with a work from home space off of the kitchen. Top features include: [1] An amazing, oversized lot (almost half an acre!). [2] Situated in a prime location, just minutes to Orillia, Casino Rama, boat launches/beaches, and all local amenities! [3] A double-car detached shop that is insulated and equipped with multiple heat sources and hydro. [4] There is a separate entrance to basement with gas fireplace, laundry and 2-piece bathroom (mostly unfinished). 5562 Rama Road is ready for your creativity and inspiration, to both enjoy and build sweat equity!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 13, 2025
Sold price information is available to members only
Listed Date2/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size80.12 × 289.79 Feet
CountySimcoe
Annual Tax$1,897
Legal DescriptionPT N 1/2 LT 27 CON 13 MARA AS IN MAR117784 EXCEPT HWY PL 802 ; RAMARA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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5562 Rama Road, Ramara, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5562 Rama Road, Ramara, ON L3V 0S3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.
Financial Audit

Estimated Costs

Loan Amount$375,920
Monthly Mortgage$2,184
Property Tax (Est.)$158
Utilities & Maint.$350
Total Monthly Cost$2,692

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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