Sold for:Sold Sep 2, 2025
$498,000

31 Lake Avenue

Ramara (Rural Ramara), ON L0K 1B0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 31 Lake Avenue, Ramara, Rural Ramara

2025-07-08
2025-09-02
Sold
Price
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MLS#
s12270833
2025-05-31
2025-07-08
Terminated
Price
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2025-05-21
2025-05-31
Terminated
Price
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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 31 Lake Avenue, Ramara, Rural Ramara

Discover the cheapest year-round waterfront cottage in Lagoon City priced like a 1-bedroom condo! Just 90 minutes from the GTA, this fully winterized 2-bedroom bungalow + den + sunroom sits on a private 50 x 300 ft lot with mature trees and your own boat slip with direct access to Lake Simcoe. Inside, enjoy a bright open-concept kitchen with breakfast bar, perfect for entertaining or relaxing family meals. Step out to a sunny back deck with serene water views ideal for morning coffee or evening drinks. Located in a vibrant waterfront community with a marina, private beach, clubhouse, and dining, this is your perfect 4-season escape for boating, fishing, paddleboarding, snowmobiling, and more. Whether you're retiring, investing, or seeking a weekend getaway don't miss this rare opportunity for affordable waterfront living!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,464
Land Transfer Tax Fee
$6,435

Basement Type
Crawl Space

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Lake Access, Marina, Park, Waterfront, Wooded/Treed
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Aluminum Siding
Roof
Shingles
Foundation Details
Other
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
300.00 ft
Lot Size
50.00 x 300.00 Feet (50Ft Waterfront)
Lot Size Code
50.00 x 300.00 Feet (50Ft Waterfront)

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
No
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen2.60 x 3.52
    Main level, Overlook Water, Combined w/Dining, Laminate
  • Dining Room2.60 x 3.06
    Main level, Laminate, Open Concept, W/O To Deck
  • Living Room3.21 x 6.25
    Main level, Overlook Water, Laminate, Picture Window
  • Sunroom3.62 x 3.06
    Main level, Laminate, Open Concept, Combined w/Den
  • Primary Bedroom3.19 x 2.55
    Main level, Laminate, Overlook Water
  • Bedroom 22.59 x 2.60
    Main level, Laminate, Overlook Water

Washrooms

  • 4-piece, Main

Area
Ramara
Municipality
Ramara
Neighbourhood
Rural Ramara
Main cross streets
Simcoe Road/Lake Avenue
Directions
Hwy 12/Simcoe Rd/Laguna Pkwy
Waterfront
Direct

MLS® number
S12270833
Data source
Toronto Regional Real Estate Board
Status change
2025-09-02
Listed on
2025-07-08
Days on market
56 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
RE/MAX REALTRON REALTY INC.

Home Market Value

Current home valuation for 31 Lake Avenue, Ramara, Rural Ramara, Ramara, ON. Listed for $498,000

HOMEH Estimate

?

$495,428

Estimated Sales Range

?

$391,388 - $599,468

HOMEH Estimate for 31 Lake Avenue, Ramara, Rural Ramara

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

$495,428Medium confidence
Based on 6 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

$24,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$18,924$13,894$11,852$0
=Total mortgage
$492,024$462,094$435,152$398,400
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Payment frequency
=Mortgage payment
$2,402monthly$2,256monthly$2,125monthly$1,945monthly
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Land Transfer Tax

Provincial

$6,435

Total Land Transfer Tax

$6,435

Around this home

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7.5 /10

Brechin

Public·elementary·2.5km

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