3722 Glenrest Drive, Ramara, ON
Property no longer active
This property was sold on April 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 107 ft lot
- 4.0 total parking spaces available
- Notable attributes: Other
- Efficient baseboard heating via electric
Description
Discover your dream getaway at 3722 Glenrest Drive, a picturesque retreat offering 50' of pristine sandy bottom waterfront on the breathtaking Lake Simcoe. Just over an hour from Toronto, this location is perfect for a relaxing escape. Enjoy the charm of the existing 3-bedroom, 1-bathroom cottage or envision and build your own lakeside oasis. This property comes equipped with sheds and a dry boathouse for ample storage, and a dock to enhance your lakefront experience. Make memories that will last a lifetime in one of Ontario's most desirable lakefront communities.
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Property Summary
This detached home located at 3722 Glenrest Drive, Ramara is currently for sale and has been available on SousaSells for 708 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 3722 Glenrest Drive, Ramara is in the Rural Ramara neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3722 Glenrest 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 $799,000 in Ramara, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.