43 Ridge Avenue, Ramara, Ontario, L0K1B0




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$425,000
Ramara
This 3-bedroom, 1-bathroom home in Ramara is for sale offering roughly 900 sq ft of space. It has been on the market 26 days, fresher than the Ramara average of 79 days.
Welcome to Lagoon City-a unique community featuring a canal system and direct access to Lake Simcoe. Situated on a picturesque waterfront lot, this property offers a rare opportunity to create an ideal home for full-time living or a weekend retreat.Located within walking distance to the local public school, just 15 minutes to Orillia, and only minutes to Lake Simcoe public beaches, marinas, and OFSC trails-this home offers the perfect balance of convenience and lifestyle.It is an excellent choice for those seeking a property with high investment potential or dreaming of building a modern waterfront home in one of Ontario's most desirable lakeside communities.The house is currently undergoing renovation and is ready for a major overhaul. Interior walls have been stripped down to the framework, allowing the new owner to implement their own design and a modern layout without incurring additional demolition costs.The property will be sold As Is. Don't miss the chance to purchase a unique property and make your dream of waterfront living a reality. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 26 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 26 days, which is 53 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 $425,000, about 4.8× the local median household income of $88,000.
Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of 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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