$195,000

For sale

4067 Airport Road, Ramara - Single Family for Sale

4067 Airport Road, Ramara, Ontario, L3V6H6

1 bed1 bath8 parking900 ft²128 × 206 ft (26,281 sq ft) lot sizeListed 35 days ago

Overview

This 1-bedroom, 1-bathroom home in Ramara is for sale offering roughly 900 sq ft of space. It has been on the market 35 days, fresher than the Ramara average of 79 days.

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Description

Attention Investors, Developers & Handy Homeowners! Welcome to 4067 Airport Rd., Ramara - a charming one-bedroom home offering incredible potential for those with vision and a knack for renovation. Some updates have already been started, but allows for you to still put your personal finishing touches and final plumbing connections to bring it to its full potential. Situated on a generous lot in a quiet, convenient area, this property is just minutes from Highway 12 and a short drive to Brechin and the vibrant City of Orillia, offering easy access to all major amenities. Enjoy proximity to Casino Rama, shops, restaurants, schools, beautiful lakes and outdoor recreation that the area is known for. Whether you're an investor looking for a promising project, a developer seeking a rebuild opportunity, or a handy buyer ready to make this space your own, this property offers exceptional value and endless potential in a prime location. Bring your tools and imagination - this could be your next great investment! NOTE: Some photos have been digitally enhanced or modified to show the potential of the space. This property is being sold "as is - where is" along with 4075 Airport Road PIN#740180004 - Currently they share a driveway, drilled well and septic system. (id:66096)

Property Details

MLS®: S13843798
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Half Baths: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 128 × 206 ft (26,281 sq ft)
Frontage: 128 ft
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $1,417.02/yr
Listed

Rooms

Main level

Kitchen: 12.16 x 15.04 meters
Bedroom: 11.09 x 10.09 meters
Living room: 11.09 x 11.09 meters
Bathroom

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

Features

Foundation: Concrete
Exterior: Aluminum siding
Lot Features: Irregular lot size, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Ramara listings, avg age

79d

Price / ft²

$217

List price

$195K

Haho

This 1-bed single family in Ramara has been listed for 35 days, which is 44 days fresher than the city average of 79. Act while there is still low competition.

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Listed by SUTTON GROUP INCENTIVE REALTY INC. · MARINA MORLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $195,000, about 2.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $38,090 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$195,000· $217/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,750

Min 5%50%

Mortgage payment$1,027/mo

↳ CMHC premium ($7,410 capitalized)

Property tax (est.)$118/mo

Total monthly$1,145

Cash Needed to Close

Down payment (5%)$9,750

Land transfer tax$1,675

Est. closing costs$3,085

Total cash needed$14,510

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