5227 Prospect Avenue, Ramara, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,699,999 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 66.06 x 509.54 ft lot
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Top 5 Reasons You Will Love This Home: 1) Wake up to breathtaking, sun-drenched southern views of Lake Couchiching stretching into Lake Simcoe, with every waterside room in this prestigious home framed by sparkling beauty and natural light 2) Designed with both comfort and privacy in mind, each of the three spacious bedrooms comes complete with its own full ensuite, making it ideal for family and guests 3) Radiant heated floors throughout the main level wrap you in warmth, while additional forced air gas heating and a cozy gas fireplace ensure year-round comfort in every season 4) Enjoy peace of mind with mindful upgrades, including central air, on-demand hot water, an inground sprinkler system, and a backup generator, all in place for safety, convenience, and ease 5) Perfectly positioned just minutes from Historic Downtown Orillia, you'll have quick access to charming shops, dining, and everyday amenities, all while enjoying the tranquility of waterfront living. 2,378 above grade sq.ft. Visit our website for more detailed information.
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Property Summary
This detached home located at 5227 Prospect Avenue, Ramara is currently for sale and has been available on SousaSells for 397 days. This property is listed at $1,699,999 with an estimated mortgage of $5,659* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 5227 Prospect Avenue, Ramara is in the Rural Ramara neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access, Lake/Pond, Level, Waterfront
Interior Features
None
Security Features
Community 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 5227 Prospect Avenue, Ramara, ON L3V 0Z1
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 $1,699,999 in Ramara, the legal minimum down payment is $340,000 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 $30,475 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 $30,475.
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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.