7426 ISLAND VIEW Street, Ramara, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium board & batten and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
- 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50.05 x 208.3 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, Water Treatment
- equipped with central air central cooling and highly efficient radiant heating via propane
Description
Welcome to your dream waterfront retreat on Lake Couchiching, where stunning evening sunsets, a sandy shoreline, and peaceful privacy create the perfect year-round escape. This custom-built waterfront bungalow, completed in 2022, offers exceptional quality, modern design, and high-end finishes throughout. Featuring a brand-new dock, 50 ft of waterfront, and a sandy-bottom shoreline ideal for swimming, kayaking, canoeing, and boating. Enjoy excellent boating access to Lake Simcoe and the Trent-Severn Waterway.Situated on a private 208 ft deep lot with parking for up to 8 vehicles, large bungalow plus 353 sq ft loft bonus room showcases quality construction including an ICF foundation and 3-zone hot water radiant heated floors throughout.The main living space features 2 bedrooms, 2 full bathrooms, a stunning vaulted living room with propane fireplace, oversized windows, and four patio doors capturing beautiful lake views and breathtaking sunsets. The gorgeous kitchen offers a large island, quartz countertops, and stainless-steel appliances. The spacious primary bedroom includes a large walk-in closet and private 3-piece ensuite. Luxury vinyl plank flooring throughout completes the modern feel.A private covered porch leads to separate guest quarters, perfect for extended family, guests, or additional living flexibility. This space includes vaulted ceilings, a large bedroom, 4-piece bathroom, and kitchenette with electric cooktop, built-in microwave, and bar fridge. The finished loft bonus room provides additional space with future potential.Additional features include a 200-amp electrical service, UV water treatment, water softener, iron filtration system, and efficient heating and cooling systems. Enjoy the quiet waterfront setting, nearby hiking trails, close proximity to Casino Rama, and easy access to Highways 11 and 12. A rare opportunity to own a newer custom waterfront bungalow offering luxury, privacy, boating, and unforgettable sunsets on Lake Couchiching.
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Property Summary
This detached home located at 7426 ISLAND VIEW Street, Ramara is currently for sale and has been available on SousaSells for 30 days. This property is listed at $1,499,900 with an estimated mortgage of $4,993* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 7426 ISLAND VIEW Street, Ramara is in the Rural Ramara neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Cul de Sac/Dead End, Lake/Pond, Marina, Waterfront
Interior Features
Accessory Apartment, Carpet Free, Water Treatment, Water Heater, Primary Bedroom - Main Floor, In-Law Suite, Guest Accommodations, Bar Fridge, Countertop Range
Security Features
Community Features
Location
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 7426 ISLAND VIEW Street, Ramara, ON L0K 2B0
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 $1,499,900 in Ramara, the legal minimum down payment is $299,980 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 $26,473 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 $26,473.
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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.