5562 Rama Road
Ramara (Rural Ramara), ON L3V 0S3
- 2Bedrooms
- 2Bathrooms
- 2Garage
- 700–1100Sq Ft
- $1,897Tax
- 80×290 ftLot Size
Estimated Value:$413,463See Free Estimate Report
Property not available for sale or for rent.
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About 5562 Rama Road, Ramara, Rural Ramara
**Attention Investors and first time home buyers!** This Bungalow in Ramara is an amazing opportunity located in the heart of lake country. This home offers 2 bedrooms and 2 bathrooms, with a work from home space off of the kitchen. Top features include: [1] An amazing, oversized lot (almost half an acre!). [2] Situated in a prime location, just minutes to Orillia, Casino Rama, boat launches/beaches, and all local amenities! [3] A double-car detached shop that is insulated and equipped with multiple heat sources and hydro. [4] There is a separate entrance to basement with gas fireplace, laundry and 2-piece bathroom (mostly unfinished). 5562 Rama Road is ready for your creativity and inspiration, to both enjoy and build sweat equity!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,897
- Land Transfer Tax Fee
- $5,873
Rental Items
- Rental Equipment
- Hot water tank
- Basement Type
- Partially Finished
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 80.12 ft
- Lot Depth
- 289.79 ft
Inclusions
- Inclusions
- Carbon Monoxide Detector, Dishwasher, Dryer, Range and hood, fridge, stove, washer, window coverings.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Washrooms
- 4-piece, Main
- 2-piece, Lower
- Municipality
- Ramara
- Neighbourhood
- Rural Ramara
- Main cross streets
- Fawn bay rd; Rama road
- MLS® number
- S11961299
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-03-13
- Listed on
- 2025-02-06
- Days on market
- 35 days
- Possession date
- 2025-03-30
- Possession type
- Immediate
- Co-op commission
- 2.5
- Seller
- Listed by
- RIGHT AT HOME REALTY
Home Market Value
Current home valuation for 5562 Rama Road, Ramara, Rural Ramara, Ramara, ON. Listed for $469,900
HOMEH Estimate
$413,463
Estimated Sales Range
$289,424 - $537,502
HOMEH Estimate for 5562 Rama Road, Ramara, Rural Ramara
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,856 | $13,110 | $11,184 | $0 |
=Total mortgage | $464,261 | $436,020 | $410,599 | $375,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,267monthly | $2,129monthly | $2,005monthly | $1,835monthly |
Land Transfer Tax
$5,873
$5,873
Around this home
No schools found nearby
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