$425,000
For sale: Detached

Welcome to Lagoon City-a unique community featuring a canal system and direct access to Lake Simcoe. Situated on a picturesque waterfront lot, this property offers a rare opportunity to create an ideal home for full-time living or a weekend retreat.Located within walking distance to the local public school, just 15 minutes to Orillia, and only minutes to Lake Simcoe public beaches, marinas, and OFSC trails-this home offers the perfect balance of convenience and lifestyle.It is an excellent choice for those seeking a property with high investment potential or dreaming of building a modern waterfront home in one of Ontario's most desirable lakeside communities.The house is currently undergoing renovation and is ready for a major overhaul. Interior walls have been stripped down to the framework, allowing the new owner to implement their own design and a modern layout without incurring additional demolition costs.The property will be sold As Is. Don't miss the chance to purchase a unique property and make your dream of waterfront living a reality.
Sold data
Detached homes in Ramara took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $749,000.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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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