8128 Rama Road, Ramara, ON
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 $649,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 366.09 x 214.65 ft lot
- 10.0 total parking spaces available with a convenient other configuration
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Welcome to this 100 year old three season cottage located on the Severn River which leads out to Lake Couchiching and onto Lake Simcoe. This is more than water front property - it's a life style on Canada's beautiful Canadian Shield Granite Shore Lines. Children can catch fish right off the dock, swim in clean clear water with a 3 metre diving board and easy water level access for younger swimmers. The three slip wet boat house makes it easy to keep all watercraft - canoes, kayaks, 19' bowrider, etc. Excellent panfish fishing off the dock. Larger species such as bass, northern pike and pickerel are found further out on the lake. Boating simplifies a day trip to Casino, Barrie and back or Orillia for lunch or dinner. Take an excursion through Lock 42 & 43 system. Enjoy historic marine railway, drop an anchor at Chiefs Island Sandbar Washago. 5 minute walk to grocery, hardware/lumberstore, marina w/ services, convenience, ice cream. etc. The existing cottage provides immediate enjoyment while offering an excellent opportunity to build your dream waterfront retreat. In the future using the existing footprint.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access, Marina, River/Stream, Waterfront
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 8128 Rama Road, Ramara, ON L0K 2B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ramara, ON
For a property listed at $649,900 in Ramara, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.