3159 Switch Road, Ramara, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Ramara. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $70,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 72.97 x 490 ft lot size
Description
1.683-acre residential (RU) waterfront lot on Switch Road in Ramara, with frontage along St. John's Creek. Treed and ungraded parcel offering a private, natural setting with flexibility for a custom residential build. Drilled well already installed, providing added value and reducing initial servicing costs.Located minutes from Lake Couchiching and in proximity to amenities including Casino Rama Resort, Mara Provincial Park, and McRae Point Provincial Park. Convenient access to Orillia and Highway 11 supports commuter access and resale potential.Buyer to complete their own due diligence regarding site preparation, zoning, building permits, development charges, and permitted uses. Do Not Walk Grounds Without An Appointment. Lot Irregularities: 189.93 ft x 247.91 ft x 222.92 ft x 86.72 ft x 489.83 ft
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3159 Switch Road, Ramara, ON L0K 2B0
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About Purchasing a Home in Ramara, ON
For a property listed at $70,000 in Ramara, the legal minimum down payment is $3,500 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 $425 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 $425.
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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.