4551 Orkney Heights, Ramara, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Atherley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $600,000 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 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 200 x 300 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Unique opportunity awaits contractors, builders, developers! The subject property is a 1966 built 2356sf detached brick 3 bedroom bungalow with detached 3 car garage sitting on a 200x300ft 1.37 acre lot Zoned VR Village Residential. The owner undertook major renovations., opening up the main floor, vaulting the ceilings and digging out the crawl space. Much of this work was initiated without proper plans and permits Many repairs were initiated, many left unfinished. Some renos & updates were completed, a newer kitchen, updated baths and newer hardwood flooring and lighting throughout, key among them. The home has two 200 amp panels, modern high efficiency propane furnace with central AC, private well and septic. The house sits within view of Lake Couchiching. The lot has been partially cleared. There is an existing detached garage has been expanded to accommodate 3 cars. It is built but no exterior cladding. Due to structural instability there are no interior showings of the home. The seller will consider providing limited access to buyer with a successful offer. This is a great opportunity for experienced developers and contractors to complete this amazing property.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Wooded/Treed
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Sump Pump
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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 4551 Orkney Heights, Ramara, ON L3V 0S1
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About Purchasing a Home in Ramara, ON
For a property listed at $600,000 in Ramara, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. As this listing is in Ramara (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,475.
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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.