$910,000

For saleJust listed

1886 Lakeshore Drive, Ramara (Brechin) - Single Family for Sale

1886 Lakeshore Drive, Ramara (Brechin), Ontario, L0K1B0

5 beds1 bath4 parking1,750 ft²103 × 171 ft (17,596 sq ft) lot sizeListed 2 days ago

Overview

This 5-bedroom, 1-bathroom home in Ramara is for sale offering roughly 1,750 sq ft of space. It has been on the market 2 days, fresher than the Ramara average of 87 days.

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Description

Welcome to 1886 Lake Shore, a charming waterfront retreat full of character, natural beauty, and endless possibilities! Nestled among mature trees with an expansive stretch of shoreline, this property offers a peaceful escape and the perfect setting to enjoy life by the water.Rich in rustic cottage charm, the interior features warm wood finishes, exposed ceiling beams, vaulted ceilings, and a stunning floor-to-ceiling fieldstone fireplace that serves as the heart of the living space. Outside, the distinctive red metal roof, natural surroundings, and spacious waterfront grounds add to the property's timeless appeal.With generous water frontage and plenty of outdoor space, there's room to relax along the shoreline, entertain family and friends, or simply take in the beautiful lake views. A separate two-bedroom bunkie provides additional space for guests and extended family, making it ideal for hosting summer get-togethers and creating lasting memories.Whether you're looking for a traditional family cottage, a peaceful weekend getaway, or a waterfront property to make your own, 1886 Lake Shore is a rare opportunity to embrace the simplicity and beauty of lakeside living. (id:66096)

Property Details

MLS®: S14137512
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 103 × 171 ft (17,596 sq ft)
Frontage: 102 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Features

Appliances: Refrigerator, Stove, Microwave, Furniture, Window Coverings, Water Heater
Exterior: Wood

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ramara (Brechin) listings, avg age

87d

Price / ft²

$520

List price

$910K

Haho

This 5-bed single family in Ramara (Brechin) has been listed for 2 days, which is 85 days fresher than the city average of 87. Act while there is still low competition.

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Listed by VALERY REAL ESTATE INC. · DANIEL FOCH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $910,000, about 10.3× the local median household income of $88,000.

Carrying it typically needs a household income of about $177,755 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $88,000
Population: 38,386
Median age: 50.8
Owner / renter: 90% / 11%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0K)

$910,000· $520/ft²

For sale

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Full Cost Breakdown

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Down Payment7.25% · $66,000

Min 7.25%50%

Mortgage payment$4,679/mo

↳ CMHC premium ($33,760 capitalized)

Property tax (est.)$402/mo

Total monthly$5,082

Cash Needed to Close

Down payment (7.25%)$66,000

Land transfer tax$14,675

Est. closing costs$5,230

Total cash needed$85,905

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