3798 Mara Rama Boundary Road, Ramara, ON

$650,000
MLS#:S12196662
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 200 x 200 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Sump Pump, Water Heater
  • Efficient forced air heating via oil

Description

Welcome to your next chapter. If a peaceful, easy feeling is what you're looking for-look no further! This beautiful one acre landscaped, level lot offers an all brick, ranch bungalow with finished basement, complete with a wood burning stove (WETT certified). A well-maintained 3 bedroom 2 bath home with original wood floors throughout the main level, The large picturesque living room window allows a wonderful amount of natural light and direct views of the backyard. The room is finished nicely with a wood burning brick fireplace for year-round comfort and ambiance. Newer stove and dishwasher (less than 5 yrs) in the kitchen. Enjoy the spacious breakfast nook with patio doors opening to your new deck. Or choose more formal occasions in your separate dining room. The lower level split staircase is just another feature highlighting the home's detail and custom design. 3 equally good size rooms await you, use one for your games and movie nights, one as a handy and practical workshop, and the centre room is laundry and storage -good height -good light! New 200 AMP electrical panel and new fibreglass oil tank. 2 car garage and parking for 6 ...the list goes on! Convenient highway access for all your other needs so don't miss this opportunity to see and make it your own! Can you hear the birds in song yet!

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Property Summary

This detached home located at 3798 Mara Rama Boundary Road, Ramara is currently for sale and has been available on SousaSells for 407 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 3798 Mara Rama Boundary Road, Ramara is in the Rural Ramara neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2025
Sold price information is available to members only
Listed Date6/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished
Lot Size200 × 200 Feet
CountySimcoe
Annual Tax$2,736.64
Legal DescriptionPT LT 24 CON 1 RAMA PT 1, 51R7474 ; RAMARA PT

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

Level, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor, Sump Pump, Water Heater

Security Features

Smoke Detector

Community Features

Virtual Tours

Location

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3798 Mara Rama Boundary Road, Ramara, ON
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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 3798 Mara Rama Boundary Road, Ramara, ON L3V 0P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.

Configure Loan Settings

Interest Rate4.00%
Down Payment$195,000 (30.0%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period30 Years
Estimated Monthly Payment$2,164Based on a loan of $455,000 over 30 years.
Purchase Price$650,000
Loan Amount$455,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Ramara, ON

For a property listed at $650,000 in Ramara, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Ramara, Ramara.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$860,615

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Uptergrove
Public4833 Muley Point Road, Ramara Township, Ontario, L3V 8C3
4.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.