4657 Orkney Beach Road, Ramara, ON

$775,000
MLS#:S9247126
4 beds
3 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2024. 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 Atherley. Expertly crafted featuring premium other and vinyl siding construction, this residence presents an exceptional opportunity offered at $775,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 117.63 x 186.98 ft lot size
  • Features a 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, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Check out this beautiful open concept bungalow on a half acre lot and walking distance to Lake Simcoe! Enjoy the versatility of country living here and just a 10 min drive to Orillia find shopping, restaurants and biking/walking trails along the waterfront.This 3 bedroom, 3 bath home is ideal for those looking for a one level open concept living space. The Kitchen with breakfast bar features light grey cabinetry, and Stainless Steel Appliances. Primary Bedroom with ensuite and main floor laundry with access to the Double car garage. Lower level is beautifully finished with new flooring/trim and freshly painted offering a separate living space with Family Room, bedroom and 3pc bathroom. The fenced backyard is beautifully landscaped and the on-ground pool/deck offers a serene summer oasis! This property is ideal for all seasons!

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Property Summary

This detached home located at 4657 Orkney Beach Road, Ramara is currently for sale and has been available on SousaSells for 707 days. This property is listed at $775,000 with an estimated mortgage of $2,580* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 4657 Orkney Beach Road, Ramara is in the Atherley neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 7, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther, Vinyl Siding
BasementFinished
Lot Size117.63 × 186.98 Feet
CountySimcoe
Annual Tax$2,872.94
Legal DescriptionLot 2, Plan 51M692, Ramara

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Campground, Lake Access

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

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Location

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4657 Orkney Beach 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 4657 Orkney Beach Road, Ramara, ON L3V 0S1

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.

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Interest Rate4.00%
Down Payment$232,500 (30.0%)
* Minimum Canadian down payment required for this price is $52,500.
Amortization Period30 Years
Estimated Monthly Payment$2,580Based on a loan of $542,500 over 30 years.
Purchase Price$775,000
Loan Amount$542,500
Provincial Land Transfer Tax:$11,975
Total Estimated Closing Taxes:$11,975

About Purchasing a Home in Ramara, ON

For a property listed at $775,000 in Ramara, the legal minimum down payment is $52,500 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 $11,975 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 $11,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,078,723

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.