8101 Kings 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 wood construction, this residence presents an exceptional opportunity offered at $749,000 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 99.71 x 167.9 ft lot
- Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient forced air heating via propane
Description
Currently licensed and successfully operating as an Airbnb, this turnkey waterfront property is a rare opportunity to own a high-performing short-term rental in a premier cottage destination. Perfectly positioned to attract year-round guests seeking a private escape, it is the ideal blend of luxury, nature, and accessibility. Located just 15 minutes from Casino Rama Resort, perfect for concerts, gaming, and entertainment and only 20 minutes from Costco making it highly desirable for visitors. Welcome to your private escape along the stunning Black River, just below the scenic Coopers Falls. Set on two expansive parcels totaling 1.8 acres with over 3,000 feet of river frontage, this exceptional property offers unmatched privacy and breathtaking natural surroundings. The well-maintained home or cottage features 2+1 bedrooms and 2 full 4-piece bathrooms, thoughtfully designed for both personal use and guest accommodations. The bright, open-concept interior flows seamlessly to spacious upper and lower decks overlooking the river and cascading falls creating unforgettable views in every season. A walkout lower level leads to a screened-in porch, the perfect place to unwind while taking in the sights and sounds of the water. Outdoor enthusiasts will appreciate the close proximity to Mara Provincial Park and Lake Couchiching for boating, swimming, and beach days, while the vibrant downtown of Orillia offers boutique shopping, dining, and a lively arts scene further enhancing its appeal to short-term rental guests. Whether you're seeking a peaceful retreat, a year-round residence, or a proven income-generating investment, this one-of-a-kind riverside property checks all the boxes.
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Pricing & Value Insights
Data-driven valuation for 8101 Kings River Road, Ramara, ON L0K 2B0
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About Purchasing a Home in Ramara, ON
For a property listed at $749,000 in Ramara, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.