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Listed 2 months ago

2865 Concession A Road

Rural Ramara, Ramara

$849,900

Detached|Bungalow
4 | 3 | 22
About this home

Welcome to country living at its finest! Set on a picturesque 1-acre lot with sweeping field views and just steps to Lake Simcoe with direct lake access at the end of the street, this custom-built all-brick ranch bungalow offers exceptional space, quality craftsmanship, and outstanding multi-generational living potential. Featuring over 1600 sq ft of finished main floor living this impressive home offers 3+1 bedrooms and 2 bathrooms, Plus*** a full separate and private 740 sq ft in-law suite with sep entrance, 1 bedroom, living room, kitchenette, and a 4-piece bath!! For a total of 2340 Sq Ft of main level space. The bright open-concept main floor showcases a spacious living room, custom maple kit with large centre island, breakfast bar, and dining area w/walkout to the rear deck overlooking peaceful countryside and stunning sunsets. Hardwood floors flow throughout, while the oversized guest bath includes convenient main floor laundry. The spacious primary bedroom offers a walk-in closet, walkout to a small porch, and shared ensuite with the second bedroom. A third bedroom makes an ideal home office, while the screened in front sunroom is perfect for bug free relaxing. The 1600 sq ft partially finished bsmnt features a fifth Bdrm with walk-in closet, rough-in for a future bath, Dri-Core subfloor, large recreation room with pool table, and entertainment area with projector screen. The impressive 1,400 sq. ft. insulated and heated double garage provides exceptional space for vehicles, toys, or a workshop. Built by the current owner with quality in mind, 2x6 construction, this home also features a UV filtration system, reverse osmosis drinking water, water softener, and Bluetooth/Wi-Fi whole-home audio speakers in each room! A rare opportunity to enjoy quality craftsmanship, generous living space, and peaceful country living just moments from beautiful Lake Simcoe. experience beautiful western sunsets every night without waterfront taxes!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$4,240
Lot Size210 ft x 210 ft
mls© NumberS13640994
Listed ByRE/MAX COUNTRY LAKES 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%
$4,350
Property tax
$353
Heat allowance
$150
Housing costs
$4,854 / mo

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

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

Income needed

$149,000

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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