123 Wellington Street, Ramara, ON

$688,000
MLS#:S12138158
4 beds
1 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Atherley. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $688,000 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.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 132 x 165 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Sump Pump
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Charming and private corner-lot property just minutes from Orillia and Lake Simcoe! This well-maintained home has seen numerous updates for peace of mind and modern comfort. Windows were replaced around 2017, followed by new siding in 2019, a septic tank in 2020, and shingles in 2022. A full-home Generac generator was installed in 2024, ensuring you're never left in the dark. Inside, enjoy a stylishly remodelled kitchen completed last winter, featuring sleek stainless steel appliances. Also a hot water on demand system was installed that is owned outright. A great opportunity to own a solid, thoughtfully upgraded home in a desirable location.

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Property Summary

This detached home located at 123 Wellington Street, Ramara is currently for sale and has been available on SousaSells for 436 days. This property is listed at $688,000 with an estimated mortgage of $2,290* per month. It has 4 beds, 1 bathroom, and is 700-1100 square feet. 123 Wellington Street, Ramara is in the Atherley neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2025
Sold price information is available to members only
Listed Date5/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFinished
Lot Size132 × 165 Feet
CountySimcoe
Annual Tax$2,810.04
Legal DescriptionLT 1 W OF WELLINGTON ST S OF ELLEN ST PL 22194 MARA; LT 2 W OF WELLINGTON ST S OF ELLEN ST PL 22194 MARA ; RAMARA

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Lake/Pond, Park

Interior Features

Water Heater Owned, Sump Pump

Security Features

Community Features

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Location

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123 Wellington Street, Ramara, ON
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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 123 Wellington Street, Ramara, ON L3V 3C3

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.

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Interest Rate4.00%
Down Payment$206,400 (30.0%)
* Minimum Canadian down payment required for this price is $43,800.
Amortization Period30 Years
Estimated Monthly Payment$2,290Based on a loan of $481,600 over 30 years.
Purchase Price$688,000
Loan Amount$481,600
Provincial Land Transfer Tax:$10,235
Total Estimated Closing Taxes:$10,235

About Purchasing a Home in Ramara, ON

For a property listed at $688,000 in Ramara, the legal minimum down payment is $43,800 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 $10,235 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 $10,235.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Atherley, Ramara.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,078,723

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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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.