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Price Change$924,649

40 Ridge Avenue

Brechin, Ramara

$849,649

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

Beautiful Solid Brick 4 Bedroom Waterfront Home With Fully Finished Walk-Out Basement. Enjoy Soaring Maple Trees & Mature Landscaping. This Spacious Family Home Has Considerable Unique Character Throughout With Oak Trim, Double French Doors To Living/Dining Room, Large Principal Rooms & Gorgeous Vaulted Ceilings. Dock Your Boat At Your Door With Access To Lake Simcoe, Trent/Severn Waterway & Beyond. Enjoy Onsite Community Centre, Marina, Restaurants, Tennis/Pickleball, Private Park, Sandy Beach & Miles Of Walking and Biking Trails. Ideally Located To Balance Convenience And Lifestyle, This Home Offers Easy Access To A Wide Range Of Nearby Amenities. Just Minutes Away, You'll Find A Leash-Free Dog Park, Grocery Store, Gas Station, Mechanic Services, As Well As Everyday Essentials Like Tim Hortons, Subway, The LCBO, And A Pharmacy. Golf Enthusiasts Will Appreciate The Many Excellent Courses In The Surrounding Area. The Nearby City Of Orillia Provides Access To A Major Hospital, Big Box Shopping, And Vibrant Cultural Attractions Including Live Theatre and Entertainment At The Orillia Opera House, Along With An Abundance Of Dining And Shopping Options. For Entertainment, You're Just A Short Drive From The Renowned Casino Rama, Offering World-Class Shows, Gaming, And Events. Discover The Charm Of Lagoon City-A True Four-Season Destination And An Exceptional Place To Call Home. Embrace The Sought-After Waterfront Community Lifestyle, Complete With Outstanding Boating And Fishing Right At Your Doorstep.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,727
Lot Size50 ft x 207 ft
mls© NumberS13079740
Listed ByCENTURY 21 B.J. ROTH 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%
$4,349
Property tax
$561
Heat allowance
$150
Housing costs
$5,059 / mo

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

Down payment20% · $169,930
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,575 / mo
Cash down
$169,930

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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