Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $699,900 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.
DREAM-SEARCH-MOVE: This 3-bedroom, 3 Level detached backsplit with a single-car garage is located in Mara Shore Estates just 10 minutes north of Beaverton off Hwy. 12, near the shores of Lake Simcoe. Residents enjoy access to the lake, a boat launch and a park through an annual Association Membership of $100. Features of this home include Luxury vinyl plank flooring throughout, pot lights on the main floor, an open-concept living, dining, and kitchen area, plus a lower-level family room with a wood-burning fireplace. Generous-sized bedrooms include a Primary 3-piece ensuite. Situated on a 0.36-acre lot, the property offers a circular driveway with parking for five vehicles, high-speed internet available to work from home, Municipal water, a Septic system, a propane forced-air two-stage furnace and a 200-AMP service. There is also a walkout to the sundeck and hot tub from the garden doors in the dining room. Grow your own vegetables in the vegetable gardens along the side of the house in your leisure time.
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Lake Access, Park
Carpet Free, Propane Tank, Separate Hydro Meter, Sump Pump, Water Heater Owned
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2792 Stephen Drive, 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 $699,900 in Ramara, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.