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$949,000
Severn
7412 Rama Road, Severn (Washago), Ontario, L0K2B0
This 5-bedroom, 4-bathroom home in Severn is for sale offering roughly 2,250 sq ft of space. It has been on the market 5 days, fresher than the Severn average of 85 days.
A private country retreat with the space, updates, and outdoor living you've been waiting for. Set on 1.3 acres in Ramara, 7412 Rama Road offers over 3,000 sq ft of beautifully functional living space, surrounded by mature trees and a peaceful rural setting. The home features 5 bedrooms, 4 bathrooms, a generous great room, and a cozy lower-level rec room with fireplace and walkout. A standout feature is the attached Muskoka-style screened room, complete with new 10-foot patio doors-an inviting space to enjoy the outdoors in comfort. The kitchen has been remodeled with updated cabinetry and a new pantry, while the primary suite has been completely transformed with a renovated ensuite, shiplap ceiling, dual closets, and walkout to a large private deck. The living room features a new shiplap ceiling, updated lighting, and built-in surround sound, creating an inviting space to relax or entertain. Additional improvements include modernized lighting throughout much of the home, tongue-and-groove finishes in the lower level, a new three-stage whole-house water filtration system, stone patio and retaining wall, and updated exterior lighting. Major improvements completed within the last 7 years include a 1,000 sq ft addition, new roof, septic system, windows, furnace, and central air. Outside, enjoy mature trees, plenty of privacy, and lots of parking. A wonderful opportunity to enjoy the space and serenity of country living with many of the big-ticket improvements already taken care of. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 85 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Severn (Washago) has been listed for 5 days, which is 80 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,000, about 10.8× the local median household income of $88,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 111% 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.