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Listed 25 days ago

53 poplar Crescent

Brechin, Ramara

$799,800

Detached|Bungalow
3 | 2 | 5
About this home

**Highly sought-after waterfront setting on a peaceful canal with direct boating access to Lake Simcoe and the Trent-Severn Waterway.** Located less than 2 hours from the GTA and conveniently close to Orillia, this beautifully treed property offers the perfect combination of privacy, accessibility and waterfront living. Surrounded by mature trees, this elegant 3-bedroom bungalow has undergone **over $200,000 in upgrades and renovations**, including a full interior renovation, upgraded electrical system, engineered hardwood flooring, pot lights and a modern HVAC system installed in 2023. The home features a relaxing primary suite and 2 full bathrooms, providing comfort and convenience for family and guests. The **professionally reinforced front shoreline** was extensively improved in 2023 with gravel-reinforced soil, creating a clean, firm and stable waterfront area and addressing the soft shoreline conditions commonly found in the area . A premium dock provides convenient access to the water, while the **bridge-free boating route allows larger boats and watercraft to travel directly to the property and dock right in front of the home**-an exceptional advantage for boating enthusiasts. A 5-car driveway and attached 1.5-car garage provide ample parking and storage. Whether you're searching for a luxury waterfront retreat, a recreational getaway or an income-producing investment, this extensively upgraded property offers an exceptional opportunity to enjoy the Lake Simcoe lifestyle. Some photos may have been virtually staged.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,314
Lot Size80 ft x 230 ft
mls© NumberS13713132
Listed ByRIGHT AT HOME REALTY

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%
$4,094
Property tax
$276
Heat allowance
$150
Housing costs
$4,520 / mo

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

Down payment20% · $159,960
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,960

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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