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Rural Ramara, Ramara
$1,295,000
Welcome To This Beautiful Lakefront Cottage In Lagoon City, Offering Private, Direct Access To Lake Simcoe With A Coveted Western Exposure And Breathtaking Sunsets. Filled With Natural Light, The Home Features Expansive Windows And Multiple Rooms With Picturesque Water Views And Bright Light Throughout. A Large Covered Porch Extends The Living Space Outdoors, Providing The Perfect Place To Relax, Dine, And Enjoy The Lakefront Setting In Any Weather. The Shoreline Offers Shallow Waters And A Sandy Bottom, Ideal For Swimming, Wading, And Enjoying The Lake With Family And Friends Of All Ages. Thoughtfully Renovated With Modern Updates, This Move-In-Ready Cottage Blends Comfort, Style, And Lakeside Living, Perfect As A Year-Round Residence Or Weekend Retreat.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,287 |
| Lot Size | 50 ft x 190 ft |
| mls© Number | S13447864 |
| Listed By | CENTURY 21 ATRIA 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%
- $6,628
- Property tax
- $441
- Heat allowance
- $150
- Housing costs
- $7,219 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$222,000
gross annual household income
- Payment at 4%
- $5,450 / mo
- Cash down
- $259,000
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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