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Rural Ramara, Ramara
$399,649
Charming & Cozy Two Bedroom Home or Recreational Retreat Just Steps to Sandy Beach on Lake Simcoe Offering Great Boating and Fishing. This Affordable Property Offers The Perfect Opportunity for Year Round Living or Investment Property Located in One of Ramara's Desirable Beachside Community. Enjoy Bright Functional Kitchen With Walkout to Sunny Deck, Storage Loft with Fold Down Stairs, Two Wood Stoves, Municipal Water and Easy Access to Swimming, Kayaking, Paddleboarding, Nearby Waterfront Boat Launch and Spectacular Sunsets. The Area is Well Known for it's Excellent Recreational Opportunities Throughout Every Season. Enjoy Nearby Restaurants, Full Service Marina, Tennis/Pickleball Courts and World Class Entertainment at Casino Rama. Convenient Access to Brechin/Orillia and The GTA. Whether You're Searching For Your First Cottage, a Peaceful Retreat or Affordable Home Near the Water, This Home Offers Good Value In A Highly Desirable Lake Simcoe Location. This Friendly Lakeside Community Provides An Exceptional Balance of Recreational and Peaceful Living.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,442 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | S13528118 |
| Listed By | CENTURY 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%
- $2,046
- Property tax
- $120
- Heat allowance
- $150
- Housing costs
- $2,316 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$71,000
gross annual household income
- Payment at 4%
- $1,682 / mo
- Cash down
- $79,930
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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