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Listed 5 months ago

47 Lake Avenue

Brechin, Ramara

$899,000

Detached|2-Storey
4 | 3 | 8
About this home

Imagine waking up to peaceful canal views, morning coffee on the deck, and spontaneous boat rides with direct access to Lake Simcoe. This is more than a home - it's a four-season waterfront lifestyle, double corner lot, with 4 bedrooms and 3 bathrooms, this beautifully appointed property offers space for family and friends to gather. The open-concept kitchen with quartz counters and modern finishes flows effortlessly into inviting living spaces designed for connection and comfort. After a day on the water, unwind in your private cedar sauna. Spend summers boating, swimming, and fishing, and winters snowmobiling and embracing outdoor adventure. Enjoy exclusive access to private beaches, scenic trails, a marina, dining, and tennis/pickleball courts - all within a vibrant waterfront community just 1.5 hours from the GTA. Your forever home. Your weekend escape. Your waterfront dream - all in one. Extras: Outdoor cedar sauna, quartz counters, pot lights, updated kitchen and baths.

Extras

No extras listed.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,750
Lot Size80.82 ft x 209.8 ft
mls© NumberS12838006
Listed ByRE/MAX COUNTRY LAKES REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$396
Heat allowance
$150
Housing costs
$5,147 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,800
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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