Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,200,000 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.
Lake Couchiching waterfront home 92.5 feet water frontage. Granite, brick and wood construction - unique home. Fifteen hundred and eighty two feet (1,582 ft) finished on main floor, plus approximately eleven hundred feet (1,100 ft) lower level with walkout to Lake Couchiching. Some larger furniture are included. (List at Re/Max office) if wanted by the buyer. Two natural gas fireplaces, forced air gas furnace, new in May 2023. The generator installed in May 2025., both water treatment units new in 2020, ultra-violet light, drilled well and water heater (2018). Two hundred amp service with circuit breakers and the garage has 30 amp pony service with fuses. The waterfront has a twenty foot wood dock - depth good for a smaller pleasure craft. From the large elevated sun deck have a good view of Garnet Island and great sunsets. On the Trent canal system.
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This detached home located at 5498 Fawn Bay Road, Ramara is currently for sale and has been available on SousaSells for 6 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 5498 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.Lake/Pond
Auto Garage Door Remote, Generator - Full, Primary Bedroom - Main Floor, Sewage Pump, Water Heater Owned, Water Purifier, Water Softener, Water Treatment
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5498 Fawn Bay Road, Ramara, ON L3V 6H6
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 $1,200,000 in Ramara, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.