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Rural Ramara, Ramara
$1,999,999
Stunning detached home offering nearly 4,200 sq ft of living space, backing onto a canal with access to Lake Simcoe-perfect for year-round living or a cottage-style retreat. Features a chef's kitchen with side-by-side stainless steel appliances and a bright great room with a dramatic wall of windows. Ideal for a home business with a large garage and connected office.Enjoy the wrap-around elevated deck with hot tub and serene water views. Offers 3 bedrooms, 3 bathrooms, and 19 parking spaces. A must see!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 16-30 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,000 |
| Lot Size | 98.82 ft x 415.16 ft |
| mls© Number | S13068012 |
| Listed By | RE/MAX PREMIER 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%
- $10,237
- Property tax
- $583
- Heat allowance
- $150
- Housing costs
- $10,970 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$338,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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