
5566 Gray's Bay Road
Ramara (Rural Ramara), ON L0K 1L0
- 2Bedrooms
- 1Bathroom
- 2Garage
- 1100–1500Sq Ft
- $5,570Tax
- 108×130 ftLot Size
- Estimated Value:$579,221See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 5566 Gray's Bay Road, Ramara, Rural Ramara
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-06-06 | 2025-06-27 | Login to See Prices | Sold | s12203852 |
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About 5566 Gray's Bay Road, Ramara, Rural Ramara
Waterfront property on Lake Couchiching with approximately 108 feet of waterfront frontage, this is the first time this property has been offered for sale in over 50 years, this well maintained 1406 square foot 2 bedroom bungalow was built in 1991, and the oversized garage was built in 1981 with finished area above the garage, there is a wood burning fireplace in living room, eat-in kitchen, sunroom with door to deck overlooking the lake, full 4 piece bath, main floor laundry area, half unfinished basement and a very usable crawlspace under the remainder of the house, lots of warm pine in main areas. This property has its own drilled well and septic and central air conditioning. This beautiful property is situated on a dead end private road with only 14 other owners. The Township does not maintain the road but there is garbage and recycling pickup. Another big bonus of this property is that there is economical Natural Gas heating, a Generac Natural Gas powered backup generator. Amazing Southern views of Fawn Bay and the Fern Resort. The shoreline is reinforced and stabilized by 1 ft. x 8 ft. long precast concrete sections that were installed in the 80's. Within walking distance to Casino Rama. This property won't last long so schedule your viewing today, you wont be disappointed. A recent water test is available showing excellent water 0/0. Please see form 299 included in attachments prior to booking appointment.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,570
- Land Transfer Tax Fee
- $16,275
Rental Items
- Rental Equipment
- None
- Under Contract
- None
- Basement Type
- Half, Partial Basement
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Central Vacuum, Water Heater Owned
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Other Structures
- Garden Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 31-50
Construction
- Exterior Finish
- Aluminum Siding, Shingle
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 108.00 ft
- Lot Depth
- 130.00 ft
- Lot Size
- 0.471
- Lot Shape
- Irregular
Inclusions
- Inclusions
- All furniture (as is), tools & accessories on premises
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
- Central Air
- Water
- Well
- Sewers
- Septic
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- No
- Telephone
- Yes
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level, Wood Stove
- Dining Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bathroom—Main level, 4 Pc Bath
- Sunroom—Main level, W/O To Deck
- Mud Room—Main level, Combined w/Laundry
Washrooms
- 4-piece, Main
- Municipality
- Ramara
- Neighbourhood
- Rural Ramara
- Main cross streets
- Rama Road
- Zoning
- SR
- Directions
- Rama Rd/Gray's Bay Rd
- Waterfront
- Direct
- MLS® number
- S12203852
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-27
- Listed on
- 2025-06-06
- Days on market
- 21 days
- Possession date
- 2025-06-30
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RE/MAX HALLMARK CHAY REALTY
Home Market Value
Current home valuation for 5566 Gray's Bay Road, Ramara, Rural Ramara, Ramara, ON. Listed for $990,000
HOMEH Estimate
$579,221
Estimated Sales Range
$507,858 - $650,584
HOMEH Estimate for 5566 Gray's Bay 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% on first $500K + 10% on $490,000 over $500K
$74,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,630 | $27,621 | $23,562 | $0 |
=Total mortgage | $952,380 | $918,621 | $865,062 | $792,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,650monthly | $4,485monthly | $4,224monthly | $3,867monthly |
Land Transfer Tax
$16,275
$16,275
Around this home
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