6240 Rama Road, Ramara, ON
Property no longer active
This property was sold on October 9, 2025. This listing is for reference purposes only. to view the sold price.
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 $499,900 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 100 x 190 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Storage, Water Heater Owned
- Efficient forced air heating via gas
Description
Stunning transformation: this raised Bungalow has been completely restored by professionals from the ground up, and is conveniently located in Ramara, featuring a durable steel roof for peace of mind. The main floor offers two spacious and bright bedrooms with good sized windows, a beautiful 4-piece bathroom, a large and open living room with an energy-saving picture window, and an eat-in kitchen. Neutrally painted with luxury vinyl plank flooring throughout. The sizeable fridge, and stove are brand new. The lower level has large windows to provide plenty of light and includes a extensive family room with lots of potential, two additional bedrooms all finished with neutral paint and flooring, and a generous storage space. The utility room has a natural gas forced air furnace, owned hot water tank, and filtration system. Along with a brand new washer and dryer. Set on a spacious .44-acre lot with flat open space and mature trees for outdoor enjoyment. Low monthly costs come from a drilled well, septic system, and low taxes in Ramara. Located around the corner on Airport rd is boat access Lake Couchiching and very close to Casino Rama. Outdoor recreation abounds in this area with fishing, boating swimming, and trails in the summer. Ice fishing, snowmobiling or snowshoeing to mention a few things in the winter. Both Orillia and Washago are within 10 minutes for all your shopping, dining, and recreational needs, and only 2 hours to Toronto.This well-maintained home offers rural tranquility with excellent amenities nearby. Schedule a viewing today!
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Property Summary
This detached home located at 6240 Rama Road, Ramara is currently for sale and has been available on SousaSells for 309 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 1 bathroom, and is 700-1100 square feet. 6240 Rama 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
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Features
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Interior Features
Primary Bedroom - Main Floor, Storage, Water Heater Owned, Water Purifier, Water Softener
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6240 Rama Road, Ramara, ON L3V 6H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ramara, ON
For a property listed at $499,900 in Ramara, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.