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$699,000
Ramara
2263 Hwy 12 Highway, Ramara (Brechin), Ontario, L0K1B0
This 3-bedroom, 2-bathroom home in Ramara is for sale offering roughly 2,250 sq ft of space. Listed at $699,000, it is attractively priced about 13% below the $799,999 median asking price in Ramara.
Commercial(c2) zoning on main thoroughfare in Brechin with thousannds of vehicles passing and a with three bedroom apartment upstairs and separate entrance, Walk to all stores in town. Schools, Medical centre and dog park Huge yard and ample parking . Live and work opportunity or take rental income from upper unit and do business downstairs...versatile dwelling. Fireplace in downstairs office in not used and is accepted as is where is Newer propane furnace and water heater, central air conditioner, and central vacuum. newer windows. clean and basement and tandem garage with utility room at rear that is accessible from yard 2 piece bath downstairs and 4 Piece upstairs seller will entertain any and all offers Opportunity for extended family to split the cost of housing, finish first floor as an apartment and there would still be space at rear of garage for a home business. In time the valuable zoning mix could pay off. This property could be converted to two rental apartments, or in future, a small apartment budding, but in the mean time.. Great business opportunity (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 181 days on market, against an average age of 89 days across the listings currently for sale in this city
This 3-bed single family in Ramara (Brechin) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 7.9× the local median household income of $88,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.