7519 East River Road, 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 $625,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 150.82 x 251 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
- Efficient baseboard heating via electric
Description
Three bedroom raised bungalow minutes from Washago and Highway 11, set back from the road on a level 0.8 acre lot with good privacy. The main floor has an open concept kitchen/living room with two bedrooms and 4pc bath with cheater access to the primary. There is a large wrap around deck that extends your living space with lots of room for lounging and entertaining. The finished walkout basement has a family room with cozy wood stove, 3pc bath and third bedroom. Outside is a single car garage and a large woodshed plus lots of space for gardens and living. Less than a two minute drive away is Washago Centennial Park with a swimming beach, park and dog park on Lake Couchiching. LCBO, shopping and restaurants in Washago right around the corner. Such a great location close to Orillia, Barrie, Bracebridge and the GTA.
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Property Summary
This detached home located at 7519 East River Road, Ramara is currently for sale and has been available on SousaSells for 392 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 7519 East River 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, Water Heater Owned
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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 7519 East River Road, 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 $625,000 in Ramara, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.
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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.