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Listed 1 month ago

21 PINETREE Court

Rural Ramara, Ramara

$839,000

Detached|Bungalow
3 | 2 | 7
About this home

Waterfront bungalow in Lagoon City! Dock your boat on the private 145ft shorewall. Minutes by boat to Lake Simcoe & private sandy beaches. Situated on Turtle Lagoon at the end of a quiet cul-de-sac. Gourmet kitchen with a Napolean fireplace, beverage fridge & heated floor. Open concept, vaulted ceilings and sunken family room. 2 propane fireplaces, hardwood, custom built-in display cabinet. 2 full bathrooms with newer large showers. 2 patio walkouts to the backyard overlooking the canal. Gorgeous perennial gardens in the front and back & armor stone, mature trees & decking. Garage has an EV Charger. Enjoy easy access to two private resident beaches on Lake Simcoe, plus a full-service marina, restaurants, and an active community centre offering fitness classes, yoga, line dancing, euchre, and social clubs. Residents also enjoy a yacht club, racquet club (tennis & pickleball), and extensive walking, biking, and ATV trails. All municipal services and high-speed internet is available - combining waterfront living with modern convenience. Prime Location:20 minutes to Casino Rama Resort for world-class entertainment & dining, 30 minutes to Orillia for big box stores, waterfront parks, dining & shopping. Approximately 1.5 hours to the GTA.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,835
Lot Size145 ft x 157 ft
mls© NumberS13662638
Listed ByFOREST HILL REAL ESTATE 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%
$4,294
Property tax
$403
Heat allowance
$150
Housing costs
$4,847 / mo

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

Down payment20% · $167,800
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,531 / mo
Cash down
$167,800

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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