Sold for:Sold Jul 27, 2025
$527,000

Unit ON, 1401 Canal Road

Ramara (Rural Ramara), ON L0K 1B0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for Unit ON, 1401 Canal Road, Ramara, Rural Ramara

2025-06-18
2025-07-27
Sold
Price
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MLS#
s12229354

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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 Unit ON, 1401 Canal Road, Ramara, Rural Ramara

Tranquil Waterfront Living. Welcome to 1401 Canal Road, a charming bungalow nestled along the serene Trent-Severn Waterway, just minutes from Lake Simcoe. Ideally situated just north of Beaverton, this property offers the perfect blend of peaceful waterfront living and convenient access to the GTA making it an excellent choice for retirees, weekend getaways, or a lucrative short-term rental investment. Set on a beautiful, level lot with 127 feet of private shoreline, this property is shaded by mature trees that provide both privacy and comfort without compromising the stunning water views. With TLC, the home itself has strong potential to become a desirable Airbnb or guest retreat. As a bonus, a functioning boat is also available for purchase and could be transformed into a unique accommodation for an Airbnb for extra income. Enjoy fresh, clean water with a well system equipped with a UV filter, water softener, and brand-new pump. Nature lovers will appreciate being within 15 minutes of five beaches on Lake Simcoe, as well as several provincial parks and nature reserves including Mara, McRae Point, and Sibbald Point. The area is perfect for boating, kayaking, hiking, fishing, and more truly a haven for outdoor enthusiasts. Whether you're seeking a quiet lifestyle or a smart investment opportunity, 1401 Canal Road offers the best of both worlds.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,800
Land Transfer Tax Fee
$7,015

Rental Items

Rental Equipment
None
Under Contract
None

Basement Type
Crawl Space

Interior Features

Laundry Level
Main Level
Interior Extras
Water Softener
View
Water
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Pool
None
Property Features
Waterfront, Wooded/Treed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Board & Batten
Roof
Metal
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
130.00 ft
Lot Depth
403.00 ft
Lot Size
1.02

Exclusions

Exclusions
Tractor, kayaks, stack of patio stones and the steel roofing material that is at the side of the house.

Parking & Garages

Garage Type
Detached
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Available
Telephone
Available

Bedrooms
2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Family Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level

Washrooms

  • 4-piece
  • 2-piece

Municipality
Ramara
Neighbourhood
Rural Ramara
Main cross streets
Simcoe Regional Road 50 / Canal Road
Directions
Simcoe Regional Road 50 / Canal Road
Waterfront
Direct

MLS® number
S12229354
Data source
Toronto Regional Real Estate Board
Status change
2025-07-27
Listed on
2025-06-18
Days on market
39 days
Possession type
Immediate
Co-op commission
2.5% + HST with many thanks!
Seller
Listed by
RE/MAX EXPERTS

Home Market Value

Current home valuation for Unit ON, 1401 Canal Road, Ramara, Rural Ramara, Ramara, ON. Listed for $527,000

HOMEH Estimate

?

$527,000

Estimated Sales Range

?

$463,933 - $590,067

HOMEH Estimate for Unit ON, 1401 Canal Road, Ramara, Rural Ramara

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

$527,000Low confidence
Based on 3 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:5.3%

5% on first $500K + 10% on $27,000 over $500K

Minimum down payment

$27,700

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,963$14,703$12,543$0
=Total mortgage
$519,032$489,003$460,493$421,600
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$2,534monthly$2,388monthly$2,248monthly$2,058monthly
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Land Transfer Tax

Provincial

$7,015

Total Land Transfer Tax

$7,015

Around this home

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