8038 PARK LANE Crescent, Ramara, ON

$799,900
MLS#:S9390824
5 beds
2 baths
6.0 parking
Residential Freehold
Loading property media...

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 $799,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 100.4 x 199.65 ft lot size
  • Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Here It Is! The One You've Been Waiting For; With Everything In One Package! Start Enjoying The Country Lifestyle With This Gorgeous, Rural Bungalow Located Just Outside The Lovely Village Of Washago, Offering 5 Bedrooms, 2 Full Bathrooms, Ample Parking & In-Law Potential! Built In 2009, This Carefully-Crafted Home Will Not Disappoint. As You Pull Into The Expansive Driveway, You'll Immediately Appreciate The Tranquil Neighbourhood & Plentiful Green Space. Surrounded By Mature Trees, This Private Oasis Is Perfect For Winding Down After A Long Day. Built With Multi-Generational Living In Mind, The Home Offers A Fully Finished Walk-Out Basement Complete With A Stunning, Professionally Designed Laundry Room Ripped Right From The Magazines & A Cozy, Efficient, Wood-Burning Fireplace In The Family Room. Upstairs You'll Love The Well-Appointed Kitchen With Bonus Coffee Bar & The Primary Bedroom With Semi-Ensuite 4-Piece Bathroom, Walk-In Closet & Walkout To The Absolutely Jaw-Dropping, Multi-Tiered, Wrap-Around Deck! Truly An Entertainer's Paradise Overlooking The Spacious Backyard That Can Accommodate Any Activity Or Landscaping Project That You Can Dream Up! Peace Of Mind With A New Roof Installed In 2023 & A Fully Fenced Backyard. As A Bonus, The Property Backs Onto The Washago Natural Heritage Area Which Allows Access To The Black River For Endless Outdoor Fun!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 8038 PARK LANE Crescent, Ramara is currently for sale and has been available on SousaSells for 644 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 8038 PARK LANE Crescent, Ramara is in the Rural Ramara neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date10/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFinished, Walk-Out
Lot Size100.4 × 199.65 Feet
CountySimcoe
Annual Tax$3,617
Legal DescriptionPCL 29-1 SEC M63; LT 29 PL M63 RAMA T/W RIGHT OF WAY OVER BLK A, M57 AS IN LT81227; RAMARA

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, In-Law Capability, Sump Pump

Security Features

Community Features

Virtual Tours

Location

Initializing map...
8038 PARK LANE Crescent, Ramara, ON
Loading local market trends...

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 8038 PARK LANE Crescent, Ramara, ON L0K 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Ramara, ON

For a property listed at $799,900 in Ramara, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$860,615

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.