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Brechin, Ramara
$899,888
Experience Unmatched Luxury and Serenity in the Heart of Lagoon City .Welcome to your dream waterfront retreat ideally nestled on the picturesque eastern shore of Lake Simcoe, in the sought-after community known as the Venice of the North. This beautifully crafted 1,640 sq. ft. bungalow offers 103 feet of pristine direct waterfront and a private dock, making it the ultimate haven for boating enthusiasts, nature lovers, and anyone craving a peaceful escape. Inside, you'll find an open-concept design that maximizes natural light and captures stunning water views from nearly every window. The home features three spacious bedrooms and two tastefully updated bathrooms, offering comfort and functionality for family living or hosting guests. The gourmet kitchen boasts granite countertops, a center island, and flows seamlessly into the dining area and main-floor family room creating an inviting space for everyday living and entertaining. A separate, oversized living room provides the perfect setting for cozy family gatherings or festive holiday celebrations. The attached 560 sq. ft. double-car garage offers generous storage for vehicles, tools, and recreational equipment. This property is more than just a home it's a lifestyle. Lagoon City is a vibrant, close-knit community where residents enjoy an abundance of year-round recreational activities. Spend your summers boating, fishing, or relaxing on one of two private sandy beaches. In the winter, enjoy ice fishing, snowmobiling, and cross-country skiing all just steps from your front door. While the setting feels like a tranquil resort, you're never far from convenience. The towns of Brechin and Orillia are just a short drive away, offering shopping, dining, and entertainment options ensuring you get the best of both worlds: peace and accessibility. Community Centre Access: Air Conditioning: Updated in 2019.Roof: 35-year shingles installed in 2012. Don't miss this rare opportunity to own a piece of paradise.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,470 |
| Lot Size | 60.44 ft x 219.63 ft |
| mls© Number | S13232012 |
| Listed By | BAY STREET GROUP 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%
- $4,606
- Property tax
- $373
- Heat allowance
- $150
- Housing costs
- $5,129 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,978
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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