Sold for:Sold Jan 5, 2025
$349,000

1017 Heron Island

Ramara (Rural Ramara), ON L3V 8L1

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1017 Heron Island, Ramara, Rural Ramara

2024-05-30
2025-01-05
Sold
Price
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MLS#
s8392228

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1017 Heron Island, Ramara, Rural Ramara

Highly Motivated Seller. Welcome to your dream retreat on Heron Island, Lake Couchiching, a paradise for cottagers and boat enthusiasts. Nestled in Ramara, this charming 3-bedroom, 1-bathroom cottage offers over 1100 square feet of cozy living space, family-owned for over 65 years. With just over 170 feet of stunning lakefront, this property is perfect for mornings spent with a coffee and breathtaking sunrise views. The open-concept living and dining area creates a warm, inviting space for gatherings, while the 12x16 workshop and two-storey 24x20 potential Bunkie offer endless possibilities for hobbies and guest accommodations. The beautifully landscaped yards provide a serene backdrop for outdoor activities. Accessible only by boat, Heron Island ensures privacy and exclusivity, making every moment on the water feel like an adventure. While the main cottage is in need of updates inside, it offers a unique opportunity to personalize and modernize your perfect lakeside escape. Whether its fishing, boating, or simply enjoying the tranquility of Island living, this property has it all. Experience the magic of Heron Island and create lasting memories in this lakeside haven. Dont miss your chance to own a piece of paradise. Your sanctuary awaits.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,804
Land Transfer Tax Fee
$3,710

Rental Items

Under Contract
None

Basement Type
None

Interior Features

Interior Extras
Water Heater Owned
View
Water, Lake
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Seasonal Living, Landscape Lighting, Porch, Privacy, Fishing
Pool
None
Property Features
Island, Lake Access, Waterfront
Other Structures
Garden Shed, Workshop

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Wood
Roof
Metal
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
170.53 ft
Lot Depth
121.11 ft

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Wood
Heat Type
Other
Air Conditioning
Window Unit(s)
Water
Other
Sewers
Holding Tank

Bedrooms
3
Washrooms
1
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Primary Bedroom—
    Main level
  • Room—
    Main level, 2 Pc Bath
  • Kitchen—
    Main level
  • Living Room—
    Main level

Washrooms

  • 2-piece, Main

Municipality
Ramara
Neighbourhood
Rural Ramara
Main cross streets
By Boat.
Zoning
SR
Waterfront
Direct

MLS® number
S8392228
Data source
Toronto Regional Real Estate Board
Status change
2025-01-05
Listed on
2024-05-30
Days on market
220 days
Possession date
2024-07-01
Possession type
July 1, 2024
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX RIGHT MOVE

Home Market Value

Current home valuation for 1017 Heron Island, Ramara, Rural Ramara, Ramara, ON. Listed for $349,000

HOMEH Estimate

?

$501,121

Estimated Sales Range

?

$395,886 - $606,356

HOMEH Estimate for 1017 Heron Island, Ramara, Rural Ramara

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$501,121Medium confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Ramara, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$17,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
$13,262$9,737$8,306$0
=Total mortgage
$344,812$323,837$304,956$279,200
Amortization
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Payment frequency
=Mortgage payment
$1,684monthly$1,581monthly$1,489monthly$1,363monthly
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Land Transfer Tax

Provincial

$3,710

Total Land Transfer Tax

$3,710

Around this home

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