5840 Lowanda Lane, Ramara, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 151.68 x 379.35 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: ERV/HRV
- Efficient forced air heating via electric
Description
Renovators, Contractors, Project Managers & Country Living Enthusiasts - this one is for you! Here's your chance to finish and customize a 1,131 sq. ft. raised bungalow nestled on just over 1.32 acres in the heart of Seabright. Located on a quiet dead-end street and surrounded by mature trees, this property offers privacy, space, and plenty of potential to create a home that's truly your own. The home features 3 bedrooms and 1 bathrooms, including a primary bedroom with a 2-piece ensuite ready to be completed. The spacious eat-in kitchen has a newer kitchen package ready for installation, complete with quartz countertops and glass-front upper cabinetry. The existing bathroom has a new tub surround and vanity with quartz countertop ready to be installed. Much of the hard work has already been done! The home has been re-insulated and is approximately 85% drywalled. There's a brand-new sliding patio door leading from the kitchen to the backyard, a spacious living room, and a full unfinished basement with a UV system and forced-air furnace. Outside, the huge gravel parking pad provides ample room for vehicles and could be ideal for building a shop or garage, subject to approvals. Recent improvements include a new steel roof, pot lights and lighting throughout, plus new bedroom doors and a front door ready for installation. With flooring and trim being the main remaining purchases, this project is well on its way to completion. All building materials currently on site are included. Bring your vision, finish the details, and turn this private country property into the home you've been looking for!
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Property Summary
This detached home located at 5840 Lowanda Lane, Ramara is currently for sale and has been available on SousaSells for 0 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 5840 Lowanda Lane, Ramara is in the Rural Ramara neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rural Ramara, Ramara.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Ramara.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- ERV/HRV
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5840 Lowanda Lane, Ramara, ON
Q.What is the asking price for 5840 Lowanda Lane, Ramara, ON ?
The current listing price for 5840 Lowanda Lane, Ramara, ON in Rural Ramara, Ramara is $399,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 5840 Lowanda Lane, Ramara, ON ?
5840 Lowanda Lane, Ramara, ON is a Detached (Bungalow-Raised) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: ERV/HRV.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 5840 Lowanda Lane, Ramara, ON L0K 1W0
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About Purchasing a Home in Ramara, ON
For a property listed at $399,900 in Ramara, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.