5240 PROSPECT AVENUE, Ramara
$1,199,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® S13567394
- Neighbourhood
- Rural Ramara
Top 5 Reasons You Will Love This Home: 1) Rare piece of Canadian sports history, this is more than just a cottage, it's a story, an original cabin from the Orr Walton Sports Camp offering a truly one-of-a-kind opportunity, and for hockey enthusiasts, a chance to own a piece of history that simply cannot be replicated 2) Unmatched western exposure with 78' of prime waterfront on Lake Couchiching capturing a full sweep of the evening sky, delivering extraordinary, unforgettable sunsets 3) Location standing in a class of its own, set on one of Orillia's most prestigious waterfront streets and surrounded by luxury estate properties, offering an exclusive and refined setting defined by privacy, pride of ownership, and an elevated sense of lakeside living 4) Kind of character buyers are desperately searching for, capturing the true cottage feel with rich wood interiors, a crackling wood-burning stove, four generous bedrooms and two bathrooms, all wrapped into a warm, inviting space that feels instantly like home, offering an authentic, nostalgic atmosphere filled with unforgettable memories 5) Four-season living with everything at your fingertips, offering more than just a cottage but a lifestyle only 1.5 hours from Toronto, where summers are spent on the water, winters skiing nearby, and evenings enjoying golf, exceptional dining, and entertainment just minutes away, all with close proximity to Casino Rama Resort and everything Orillia has to offer. 1,113 above grade sq.ft. plus an unfinished basement.
Sold data
Detached homes in Ramara — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.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.
- Median days to sell
- 32
- Median sale price
- $749,000
- Sale-to-list ratio
- 95.3%
- Sold above asking
- 7%
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
Schools in Ramara
Ramara has 1 Fraser Institute–rated school (1 elementary).
- Rated schools
- 1
- Elementary
- 1
Top-rated schools in Ramara
- Uptergrove — elementaryFraser rating 4.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 5240 PROSPECT AVENUE
$1,249,000
Detached321,100–1,500 sqft5818 VICTORIA PARK ROAD, Rural Ramara, Ramara
$999,900
Detached4+121,500–2,000 sqft408 MOONEY CRESCENT, Orillia, Orillia
$1,270,000
Detached332,000–2,500 sqft3143 SOUTH SPARROW LAKE ROAD, Rural Severn, Severn
$1,319,000
Detached331,100–1,500 sqft7847 OAKRIDGE DRIVE, Rural Ramara, Ramara
$1,250,000
Detached4+142,000–2,500 sqft3019 SIERRA DRIVE, Orillia, Orillia
$1,198,000
Detached6+133,000–3,500 sqft4298 PLUM POINT ROAD W, Rural Ramara, Ramara
$1,288,000
Detached5+131,500–2,000 sqft3583 RIVERDALE DRIVE, Washago, Severn
$1,199,000
Detached322,000–2,500 sqft140 SHANTY BAY ROAD, North Shore, Barrie