$1,499,000
For sale: Detached

Rare to find a Premium - Double size waterfront lot in prestigious, calm and peaceful communities with countless possibilities for high profit investments or just enjoy beautiful shallow-entry west-facing waterfront on the shores of Lake Simcoe, offering stunning sunsets, mature trees, and exceptional privacy! Located a short distance from both Beaverton and Orillia and just 60 minutes from GTA! Classic, beach style, nicely upgraded and in great shape, this house features a bright, open-concept layout with 3 bedrooms and full bathroom, open kitchen area, walkout to cosy deck, huge grass loan for all kind of activities and guest house with lake view!Large , custom built windows fill the space with natural light, enhancing the relaxed, airy waterfront feel. Set on a generous 100 x 200 ft lot, this property delivers strong value and long-term potential, ideal for expansion, renovation, custom build mansion as well as through possible lot severance into two separate projects with future sale or cash flow source via short/long term waterfront cottage renting, B&B. Do not miss this rare opportunity!
Sold data
Homes in Rural Ramara took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 114 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.
The median sale price was $699,900.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 114 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Ramara has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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