Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium board & batten and wood construction, this residence presents an exceptional opportunity offered at $1,074,000 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.
Enjoy waterfront living year-round in this renovated, furnished, move-in-ready home with direct boat access to Lake Couchiching and the Trent-Severn Waterway. Set on a quiet dead-end road among a small collection of homes, this private property offers approximately 75 feet of frontage and 370 feet of depth, with a west-facing dock and deck perfectly positioned for sunset views. The clear water at the dock is approximately 10 feet deep, and the Rama Road bridge leads directly out to the lake. Built on granite rock, the home offers peace of mind with no sump pump required. Inside, you'll find 3 bedrooms, a den, and a mudroom, giving you flexible space for guests, hobbies, storage, or a workshop. Recent updates include a new Lennox 2-stage furnace with warranty, exterior windows and doors, drywall, luxury vinyl flooring, kitchen, bathroom, shingles, septic pump, water pump, closet doors, solid pine board and batten exterior, and added attic insulation, with the septic inspected and two water options available from the river or drilled well. Close to shopping, gas, restaurants, LCBO, emergency services, and minutes from Highway 11, this peaceful waterfront setting is also about an hour from the GTA. Watch swans, ducks, geese, and even the occasional moose pass by, and enjoy a four-season retreat with income potential. Renovation finishing touches are underway and will be completed shortly.
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Cul de Sac/Dead End, Lake Access, River/Stream, School Bus Route, Rec./Commun.Centre
Propane Tank, Sewage Pump, Upgraded Insulation, Water Heater Owned, Workbench
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7672 DONER Drive, Ramara, ON L0K 2B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ramara.
About Purchasing a Home in Ramara, ON
For a property listed at $1,074,000 in Ramara, the legal minimum down payment is $214,800 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 $17,955 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 $17,955.
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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.