Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
The minute you step inside this 9 year young, custom built bungalow you will be impressed by the modern open concept where the living room, dining area and custom kitchen blend seamlessly together. Maple flooring flows through the open space into the 3 bedrooms. The dream kitchen has quartz counters, maple cabinets, premium appliances, all the bells and whistles. Here the patio door allows access to the massive elevated deck, all with panoramic water views. The main floor boosts over 2000 sq ft, 9 ft smooth ceilings, Napoleon gas fireplace, and premium trim, all contributing to the look of perfect symmetry and craftsmanship. The primary bedroom has water views, a walkout to the deck, walk in closet and a luxurious ensuite. The main bath has quartz counters and a sparkling jacuzzi tub. The main floor laundry has a convenient side door entrance . This well designed floor plan makes the upper floor an easy to navigate luxurious space for all stages of life. Downstairs you have another approx. 2000 sq ft. space that has smooth ceilings and premium finishes like upstairs. You have room for all your games/billiards, home theatre and exercise equipment. The custom wet bar and wood stove is perfect for entertaining . Adding more value is a walk up separate entrance . This offers potential for multigenerational living or an income producing basement suite. The waterfront features a new Tiki Hut, PVC dock and a private shore wall to moor your watercraft with easy access to Lake Simcoe and beyond. This gem was built by the original owner/ career contractor in accordance and compliance with stamped architectural drawings adding more value. It sits on a quiet crescent that has been experiencing revitalization with other custom builds coming. Truly an investment that will bring worry free home ownership well into the future. Nothing to do! Just move in! Book your showing today, you will say "wow" when you step inside this forever home !
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Beach, Cul de Sac/Dead End, Golf, Marina, Waterfront, Lake Access
Carpet Free, Primary Bedroom - Main Floor, ERV/HRV, Water Heater Owned
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 48 Ridge Avenue, Ramara, ON L0K 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.
About Purchasing a Home in Ramara, ON
For a property listed at $1,199,000 in Ramara, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.