2032 Lakeshore Drive
Rural Ramara, Ramara
$1,598,000
Spectacular Family Cottage with 78ft of Perfect West Facing Lake Simcoe Shoreline. Just a One Hour Drive From the Eastern End of the GTA. The Cottage Includes a 1/11 Ownership in Parcel 2023 Lakeshore Dr.(yearly maintenance fee ~$600) You'll Never Have Backlot Neighbors! Three Outbuildings include a Boat Shed/Workshop, Washroom w/Outdoor Shower, and a Third Building that Could Easily be Set-up as a Large Bunkie for the Kids.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,573 |
| Lot Size | 83.32 ft x 233 ft |
| mls© Number | S13493972 |
| Listed By | INTERNATIONAL REALTY FIRM, 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%
- $8,179
- Property tax
- $548
- Heat allowance
- $150
- Housing costs
- $8,877 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$273,000
gross annual household income
- Payment at 4%
- $6,725 / mo
- Cash down
- $319,600
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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