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Listed 1 month ago

95 Lake Avenue

Brechin, Ramara

$849,900

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to The Lake House a fully renovated, four-season retreat in the heart of Lagoon City, just steps from Lake Simcoe. This bright and spacious 3-bedroom, 2-bath bungalow offers true year-round lakeside living in a vibrant, community-focused waterfront setting.Designed for entertaining, the open-concept layout features a sleek modern kitchen with a gas stove, custom electric blinds, two gas fireplaces, a cozy wood-burning fireplace, and heated floors in the main bath for extra comfort. The third bedroom currently serves as a home office but easily converts to a guest suite or family room.Enjoy stunning sunset views and effortless indoor-outdoor living with a hot tub overlooking the water, a built-in gas BBQ line for all-season grilling, and a renovated shed for extra storage. Launch your kayak, paddleboard, or boat right from your backyard, then wind down by the firepit after a day on the water.Located on a quiet canal with direct access to Lake Simcoe, this home is steps from a private residents-only white sand beach with crystal-clear water and a sandy bottom. Experience all-season recreation boating, snowmobiling, ice fishing, ATVing, and hiking in a rare community that blends tranquility, activity, and connection.With an on-site marina, local restaurants, and year-round events, Lagoon City offers a lifestyle like no other. Whether you're seeking a full-time home or a weekend getaway, The Lake House delivers the best of lakeside living modern comfort, natural beauty, and a sense of belonging.

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$4,874
Lot Size50.03 ft x 209.8 ft
mls© NumberS13500748
Listed ByRE/MAX HALLMARK 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%
$4,350
Property tax
$406
Heat allowance
$150
Housing costs
$4,906 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

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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