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Price Change$1,225,000

26 S Island Trail S

Rural Ramara, Ramara

$1,150,000

Detached|Bungalow
3 | 2 | 8
About this home

Lakeside living at its finest in Lagoon City on Lake Simcoe - where luxury, comfort, and lifestyle come together. Designed for everyday living and exceptional entertaining, this beautifully finished waterfront home showcases a custom gourmet kitchen with a large centre island and stone countertops, flowing into bright open-concept living and dining areas with vaulted ceilings, oversized windows, and a cozy wood-burning stove for year-round warmth. Step outside to a truly standout waterfront setting. Multiple decks create seamless indoor-outdoor flow, anchored by a full custom outdoor kitchen, covered hot tub, wet bar, tranquil water feature, and two screened gazebos - offering the perfect balance of privacy and entertaining space. Surrounded by lush gardens, mature trees, and a peaceful pond, this waterfront setting feels like a true oasis, alive with birds, butterflies, and natural beauty throughout the seasons. Whether hosting summer gatherings or enjoying quiet evenings by the water, this home delivers a vibrant yet relaxing lifestyle. With 140 feet of direct canal frontage, a private dock, and a deep-water boat slip accommodating larger vessels, enjoy direct access to Lake Simcoe and the Trent-Severn Waterway - ideal for boating, cruising, and exploring. Located in the waterfront community of Lagoon City, residents enjoy private beaches, nearby public beaches, marinas, and four-season recreation, including boating, swimming, fishing, and snowmobiling. Extensively upgraded throughout, the home features a high-grade steel roof, updated windows and doors, modern flooring, mechanical systems, and professional landscaping - offering true turnkey living with nothing overlooked. Just minutes to Orillia, including Orillia Soldiers' Memorial Hospital, shopping, dining, and waterfront parks, and approximately one hour to Newmarket and the GTA.A rare opportunity to own a fully updated waterfront home in one of Ontario's most sought-after boating communities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,832
Lot Size62 ft x 205.42 ft
mls© NumberS13001080
Listed ByMAIN STREET REALTY LTD.

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%
$5,886
Property tax
$486
Heat allowance
$150
Housing costs
$6,522 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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