6 Ridge Avenue, Ramara, ON

$649,649
MLS#:S10422367
4 beds
2 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Brechin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $649,649 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 87.95 x 100.44 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Central Vacuum
  • Efficient forced air heating via electric

Description

Steps To Sandy Beach on Beautiful Lake Simcoe As This Custom Built 4 Bedroom Home is Located in The Heart of Ontario's Lake Country. Original Owners Have Enjoyed This House For Many Years of Wonderful Memories. Enjoy The Bright Open Concept With A Floor To Ceiling Fieldstone Fireplace and Beamed Vaulted Ceiling. Large Spacious Kitchen Has Walk-out To Big Wraparound Sundeck With Great Sunset Views. Basement Has A Rec Room With Extra Storage Space Plus A Wood Stove For Those Cool Nights. Also Has a Walk-out To Private Back Patio. Close To Great Walking/Biking Trails, Marina, Restaurants, Tennis & Pickleball Courts & A Great Place To call Home.

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Property Summary

This detached home located at 6 Ridge Avenue, Ramara is currently for sale and has been available on SousaSells for 609 days. This property is listed at $649,649 with an estimated mortgage of $2,162* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 6 Ridge Avenue, Ramara is in the Brechin neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 2, 2024
Sold price information is available to members only
Listed Date11/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size87.95 × 100.44 Feet
CountySimcoe
Annual Tax$2,789.13
Legal DescriptionLot13 Plan 143 Mara PTLT11 Plan 143 Mara as in R0916967 Ramara

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeCarport

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingNone

Features

Property Features

Beach, Golf, Lake/Pond, Marina, Park, Rec./Commun.Centre

Interior Features

Central Vacuum

Security Features

Community Features

Virtual Tours

Location

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6 Ridge Avenue, Ramara, ON
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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 6 Ridge Avenue, Ramara, ON L0K 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.

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Interest Rate4.00%
Down Payment$194,895 (30.0%)
* Minimum Canadian down payment required for this price is $39,965.
Amortization Period30 Years
Estimated Monthly Payment$2,162Based on a loan of $454,754 over 30 years.
Purchase Price$649,649
Loan Amount$454,754
Provincial Land Transfer Tax:$9,468
Total Estimated Closing Taxes:$9,468

About Purchasing a Home in Ramara, ON

For a property listed at $649,649 in Ramara, the legal minimum down payment is $39,965 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 $9,468 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 $9,468.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Brechin, Ramara.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$803,733

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%

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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.