1401 Canal Road, Ramara, ON
Property no longer active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 detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $527,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 130 x 403 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Softener
- Efficient forced air heating via propane
Description
Tranquil Waterfront Living. Welcome to 1401 Canal Road, a charming bungalow nestled along the serene Trent-Severn Waterway, just minutes from Lake Simcoe. Ideally situated just north of Beaverton, this property offers the perfect blend of peaceful waterfront living and convenient access to the GTA making it an excellent choice for retirees, weekend getaways, or a lucrative short-term rental investment. Set on a beautiful, level lot with 127 feet of private shoreline, this property is shaded by mature trees that provide both privacy and comfort without compromising the stunning water views. With TLC, the home itself has strong potential to become a desirable Airbnb or guest retreat. As a bonus, a functioning boat is also available for purchase and could be transformed into a unique accommodation for an Airbnb for extra income. Enjoy fresh, clean water with a well system equipped with a UV filter, water softener, and brand-new pump. Nature lovers will appreciate being within 15 minutes of five beaches on Lake Simcoe, as well as several provincial parks and nature reserves including Mara, McRae Point, and Sibbald Point. The area is perfect for boating, kayaking, hiking, fishing, and more truly a haven for outdoor enthusiasts. Whether you're seeking a quiet lifestyle or a smart investment opportunity, 1401 Canal Road offers the best of both worlds.
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Property Summary
This detached home located at 1401 Canal Road, Ramara is currently for sale and has been available on SousaSells for 395 days. This property is listed at $527,000 with an estimated mortgage of $1,754* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 1401 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Wooded/Treed
Interior Features
Water Softener
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 1401 Canal Road ON, 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 $527,000 in Ramara, the legal minimum down payment is $27,700 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 $7,015 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 $7,015.
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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.