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$1,415,000
Ramara
1988 Lakeshore Drive, Ramara, Ontario, L0K1B0
This 3-bedroom, 1-bathroom home in Ramara is for sale offering roughly 1,300 sq ft of space. It has been on the market 14 days, fresher than the Ramara average of 79 days.
Enjoy west-facing Lake Simcoe waterfront living in this warm and inviting 3-bedroom cottagewith over 90 feet of shoreline, set on a gated, tree-lined lot with beautiful lake views andmemorable sunsets. The bright interior features an open-concept layout, cathedral ceilings,hardwood flooring, rich wood finishes, a wood-burning fireplace and oversized windows overlooking the water. Highlights include updated kitchen cabinetry with an LG appliance package, updated lighting, plumbing and electrical components, interior and exterior painting, custom window coverings, an 8-channel security camera system and exterior floodlights. A ductless heat pump provides heating and cooling. Two walkouts lead to a spacious water sidedeck, while the shoreline offers a shallow sandy entry, dock and electric boat lift.Includes a 1/11 beneficial interest in the approximately 4.7-acre Park Lands across the road,featuring a tennis court and open green space, held in trust by NGBA Inc. for the 11 cottageowners. This beneficial interest passes with ownership of the cottage, subject to the terms ofthe trust. Offered furnished, with a detailed furniture and inclusions list attached to thelisting documents .Approximately 90 minutes from Toronto. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 79 days across the listings currently for sale in this city
This 3-bed single family in Ramara has been listed for 14 days, which is 65 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,415,000, about 16.1× the local median household income of $88,000.
Carrying it typically needs a household income of about $276,399 (20% down, 25-yr amortization, stress-tested) — roughly 214% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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