24 Ridge Avenue, Ramara, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $450,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 100 x 100 ft lot
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- Efficient baseboard heating via electric
Description
Welcome to this charming bungalow in Lagoon City, just steps from the sandy shores of Lake Simcoe. Perfect for first-time buyers or those looking to downsize, this home offers easy, relaxed living in a vibrant year-round neighbourhood.Featuring a bright open-concept layout, the space feels warm and inviting with a cozy atmosphere throughout. Enjoy everything the area has to offer.Situated on a desirable corner lot, this property provides added privacy and outdoor potential. Whether you're looking for a full-time residence or a weekend retreat, this is an excellent opportunity to own in a lakeside community known for its natural beauty and lifestyle appeal. This is an estate sale and the property is being sold AS IS, where is with no representations by the seller.
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Property Summary
This detached home located at 24 Ridge Avenue, Ramara is currently for sale and has been available on SousaSells for 10 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 24 Ridge Avenue, Ramara is in the Rural Ramara neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Ramara, Ramara.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Golf
- Lake Access
- Marina
- Rec./Commun.Centre
- Wooded/Treed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 24 Ridge Avenue, Ramara, ON
Q.What is the asking price for 24 Ridge Avenue, Ramara, ON ?
The current listing price for 24 Ridge Avenue, Ramara, ON in Rural Ramara, Ramara is $450,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 24 Ridge Avenue, Ramara, ON ?
24 Ridge Avenue, Ramara, ON is a Detached (Bungalow) featuring a None basement.
Q.What key property features does 24 Ridge Avenue, Ramara, ON offer?
Key property features include: Beach, Golf, Lake Access, Marina, Rec./Commun.Centre, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 24 Ridge Avenue, Ramara, ON L0K 1B0
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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 $450,000 in Ramara, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.