Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 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.
BUNGALOW WITH OVER 3,000 FINISHED SQ FT ON A 0.63 ACRE LOT ACROSS FROM LAKE COUCHICHING WITH IN-LAW CAPABILITY! Situated just across the street from Lake Couchiching, 5445 Fawn Bay Road sits on over half an acre with a sprawling backyard, multiple walkouts, soaring vaulted ceilings and a finished lower level designed for flexible living. This distinctive bungalow catches the eye with dramatic rooflines, large windows, contrasting siding, mature trees, manicured gardens, a bold red front door and updated garage doors. Out back, a large deck, hardtop gazebo, open lawn and two storage sheds create a backyard ready for summer dinners, lawn games, gardening projects and easy outdoor living. Vaulted ceilings bring scale to the combined living and dining area, where a walkout extends the space to the deck. The eat-in kitchen keeps things practical with stainless steel appliances, ample cabinetry, generous prep space, a breakfast bar and a window-lined breakfast area. The primary suite features its own walkout to the deck, walk-in closet and private 4-piece ensuite, while the finished lower level offers a separate entrance, two staircases, kitchen, rec room, two bedrooms, full bath and ample storage, creating space for teens, in-laws, guests or extended family to enjoy a little more independence. Fresh paint, updated light fixtures, hardware and stair upgrades complement big-ticket improvements completed over time, including windows, doors, siding, roof, well pump, garage doors and openers, plus a whole-home Generac backup system. Minutes to beaches, boat launches, waterfront parks, Casino Rama Resort, downtown Orillia amenities, schools, shopping, dining and healthcare services.
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Beach, Lake Access, Lake/Pond, Marina, Wooded/Treed
Auto Garage Door Remote, Carpet Free, Central Vacuum, Generator - Full, In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Sump Pump, Water Heater, Water Softener
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This could be the first listing for this address.
Data-driven valuation for 5445 Fawn Bay Road, Ramara, ON L3V 0N2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.
About Purchasing a Home in Ramara, ON
For a property listed at $849,900 in Ramara, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.
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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.