5471 Fawn Bay Road, Ramara, ON

$699,900
MLS#:S12042134
5 beds
2 baths
700-1100 sqft
8.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 72 x 520 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Central Vacuum, Carpet Free, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 5471 Fawn Bay Road in the charming community of Ramara! Located just steps away from Lake Couchiching, this upgraded raised bungalow sits on just over 1 acre of private treed land. Whether you're into snowmobiling, walking, or simply enjoying the beauty of the outdoors, you'll love the easy access to the Ramara Trail. This home has 5 bedrooms, 2 newly renovated bathrooms, and approximately1,978 sqft. of beautifully finished living space. A standout feature is the 2 bedroom in-law suite in the basement, complete with a separate entrance, open-concept kitchen/living area with a natural gas fireplace, and large windows that let in an abundance of natural light. The main floor is open-concept with living, dining, and a modernized kitchen flowing seamlessly together. This home exudes a bright,contemporary feel. The property is treed, creating a private, serene environment for you to unwind. Bonus,there's a concrete pad already in place, ready for you to build your dream garage (measuring 25' x 40'). Boat launch close by! Additional Upgrades Include: Laminate Flooring, Bell Fibre Optic Hard-Wired Internet, Well Pump and Cap (2024) Front Bay Living Room Window Glass (2022),New Sink in Kitchen (2025).

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 5471 Fawn Bay Road, Ramara is currently for sale and has been available on SousaSells for 477 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 5471 Fawn Bay 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
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out
Lot Size72 × 520 Feet
CountySimcoe
Annual Tax$2,841
Legal DescriptionPT LT 28 CON 13 MARA AS IN RO1414362;T/WMAR135238 ; RAMARA

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed, Cul de Sac/Dead End, Part Cleared

Interior Features

Central Vacuum, Carpet Free, In-Law Suite, Water Heater Owned, Water Softener

Security Features

Community Features

Virtual Tours

Location

Initializing map...
5471 Fawn Bay Road, Ramara, ON
Loading local market trends...

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 5471 Fawn Bay Road, Ramara, ON L3V 0N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Ramara, ON

For a property listed at $699,900 in Ramara, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Similar Listings Nearby

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.