2032 Lakeshore Drive, Ramara, ON
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 $1,598,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 83.32 x 233 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
- Efficient baseboard heating via electric
Description
Spectacular Family Cottage with 78ft of Perfect West Facing Lake Simcoe Shoreline. Just a One Hour Drive From the Eastern End of the GTA. The Cottage Includes a 1/11 Ownership in Parcel 2023 Lakeshore Dr.(yearly maintenance fee ~$600) You'll Never Have Backlot Neighbors! Three Outbuildings include a Boat Shed/Workshop, Washroom w/Outdoor Shower, and a Third Building that Could Easily be Set-up as a Large Bunkie for the Kids.
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Key Features
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Features
Property Features
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, Upgraded Insulation, Water Treatment, Workbench
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2032 Lakeshore Drive, 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 $1,598,000 in Ramara, the legal minimum down payment is $319,600 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 $28,435 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 $28,435.
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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.