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.
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).
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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.Wooded/Treed, Cul de Sac/Dead End, Part Cleared
Central Vacuum, Carpet Free, In-Law Suite, Water Heater Owned, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5471 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 $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.
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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.