$599,000

For sale

39 Lake Avenue, Ramara (Brechin) - Single Family for Sale

39 Lake Avenue, Ramara (Brechin), Ontario, L0K1B0

3 beds2 baths6 parking1,300 ft²10,019 sq ft (0.23 ac) lot sizeListed 79 days ago

Overview

This 3-bedroom, 2-bathroom home in Ramara is for sale offering roughly 1,300 sq ft of space. Listed at $599,000, it is attractively priced about 25% below the $799,800 median asking price in Ramara. It has been on the market 79 days, fresher than the Ramara average of 89 days.

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Description

Experience Waterfront Living in Lagoon City - Ontario's Venice of the North.Escape to this beautifully renovated 3-bedroom, 2-bathroom bungalow in the sought- after waterfront community of Lagoon City on the shores of Lake Simcoe. Thoughtfully renovated in2023 with over $100,000 in upgrades, this move-in-ready home features a bright open-concept layout, granite countertops, high-end stainless steel appliances, propane furnace with Brand new central air.Enjoy deeded access to a sandy beach just across the street, along with boating, fishing, kayaking, swimming, kite surfing, and endless year-round outdoor recreation. Lagoon City offers a marina, yacht club, restaurants, parks, an active community center, and municipal services including city water, sewer, cable TV, and high-speed internet. Whether you're looking for a year-round residence, weekend retreat, or cottage getaway, this exceptional home offers the perfect balance of comfort, lifestyle, and waterfront living. Brand new Furnace and AC. (id:66096)

Property Details

MLS®: S13684828
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 10,019 sq ft (0.23 ac)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Baseboard heaters, Radiant heat, Forced air, Electric, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 3.07 x 2.83 meters
Dining room: 4.33 x 5.18 meters
Kitchen: 3.05 x 3.66 meters
Family room: 6.17 x 4.88 meters
Primary Bedroom: 6.05 x 3.66 meters
Bedroom 2: 6.05 x 3.35 meters
Bedroom 3: 2.5 x 6.17 meters
Bathroom
Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood, Ceramic
Foundation: Brick
Exterior: Aluminum siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

79d

Ramara (Brechin) listings, avg age

89d

Price / ft²

$461

List price

$599K

Haho

This 3-bed single family in Ramara (Brechin) has been listed for 79 days, which is 10 days fresher than the city average of 89. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · TARA GHADERY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $599,000, about 6.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$599,000· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$218/mo

Total monthly$3,345

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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