Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
Lakeside living at its finest in Lagoon City on Lake Simcoe - where luxury, comfort, and lifestyle come together. Designed for everyday living and exceptional entertaining, this beautifully finished waterfront home showcases a custom gourmet kitchen with a large centre island and stone countertops, flowing into bright open-concept living and dining areas with vaulted ceilings, oversized windows, and a cozy wood-burning stove for year-round warmth. Step outside to a truly standout waterfront setting. Multiple decks create seamless indoor-outdoor flow, anchored by a full custom outdoor kitchen, covered hot tub, wet bar, tranquil water feature, and two screened gazebos - offering the perfect balance of privacy and entertaining space. Surrounded by lush gardens, mature trees, and a peaceful pond, this waterfront setting feels like a true oasis, alive with birds, butterflies, and natural beauty throughout the seasons. Whether hosting summer gatherings or enjoying quiet evenings by the water, this home delivers a vibrant yet relaxing lifestyle. With 140 feet of direct canal frontage, a private dock, and a deep-water boat slip accommodating larger vessels, enjoy direct access to Lake Simcoe and the Trent-Severn Waterway - ideal for boating, cruising, and exploring. Located in the waterfront community of Lagoon City, residents enjoy private beaches, nearby public beaches, marinas, and four-season recreation, including boating, swimming, fishing, and snowmobiling. Extensively upgraded throughout, the home features a high-grade steel roof, updated windows and doors, modern flooring, mechanical systems, and professional landscaping - offering true turnkey living with nothing overlooked. Just minutes to Orillia, including Orillia Soldiers' Memorial Hospital, shopping, dining, and waterfront parks, and approximately one hour to Newmarket and the GTA.A rare opportunity to own a fully updated waterfront home in one of Ontario's most sought-after boating communities.
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Beach, Cul de Sac/Dead End, Lake Access, Marina, Waterfront
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 26 S Island Trail S, Ramara, ON L0K 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.
About Purchasing a Home in Ramara, ON
For a property listed at $1,150,000 in Ramara, the legal minimum down payment is $230,000 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 $19,475 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 $19,475.
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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.