1389 Canal Road, Ramara, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $779,000 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 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 100 x 177.98 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned, Water Treatment
- Efficient baseboard heating via electric
Description
Nestled on a generous lot along the scenic Talbot River, part of the Trent Severn Waterway, this charming three-bedroom brick bungalow offers the perfect blend of comfort, functionality, and waterfront living.Step inside to a welcoming layout that features a spacious living and dining area highlighted by a vaulted ceiling, ideal for both everyday living and entertaining. The bright kitchen is filled with natural light and opens onto a three-season sunroom where you can enjoy your morning coffee while taking in tranquil water views.The home boasts three ample sized bedrooms, including a serene Primary bedroom that overlooks the water and features a private 2-piece en-suite. Additional conveniences include a laundry room with direct access to the attached garage, adding to the homes overall practicality.Whether you're an avid boater or simply seeking peaceful waterside living, this property is ideal as a year-round home or getaway!
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Property Summary
This detached home located at 1389 Canal Road, Ramara is currently for sale and has been available on SousaSells for 435 days. This property is listed at $779,000 with an estimated mortgage of $2,593* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 1389 Canal Road, Ramara is in the Rural Ramara neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1389 Canal Road, Ramara, ON L0K 1B0
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 $779,000 in Ramara, the legal minimum down payment is $52,900 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 $12,055 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 $12,055.
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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.