$999,000
Est. payment $4,423/moCalculate yours
1988 Lakeshore Drive, Ramara, ON L0K 1B0
Rural Ramara, Ramara, ON L0K 1B0
- 3 Beds
- 1 Baths
- 4 Garage
- 1,100 Sq Ft
Listing courtesy of REMAX YOUR COMMUNITY REALTY MLS® S13871558
About this home
Enjoy west-facing Lake Simcoe waterfront living in this warm and inviting 3-bedroom cottage with over 90 feet of shoreline, set on a gated, tree-lined lot with beautiful lake views and memorable sunsets. The bright interior features an open-concept layout, cathedral ceilings,hardwood flooring, rich wood finishes, a wood-burning fireplace and oversized windows overlooking the water. Highlights include updated kitchen cabinetry with an LG appliance package, updated lighting, plumbing and electrical components, interior and exterior painting ,custom window coverings, an 8-channel security camera system and exterior floodlights. A ductless heat pump provides heating and cooling. Two walkouts lead to a spacious water side deck, while the shoreline offers a shallow sandy entry, dock and electric boat lift. Includes a 1/11 beneficial interest in the approximately 4.7-acre shared recreational parcel across the road, with a tennis court and green space, held in trust by NGBA Inc. Offered furnished, with exact inclusions to be identified in the Agreement of Purchase and Sale. Approximately 90 minutes from Toronto.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Wood
- Foundation
- Unknown
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 90.23 x 207 Feet
- Parking
- Other garage · 4 total
Financial
- Property Taxes
- $5,199 (2025)
Location
- Neighbourhood
- Rural Ramara
- Cross Street
- Highway 12 & Concession 1
- Direction Faces
- West
Listing
- MLS® Number
- S13871558
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Flexible
- Listed By
- REMAX YOUR COMMUNITY REALTY
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
Property
- Clear View
- Golf
- Lake/Pond
- Waterfront
Pool
- None
- Included
- Existing stainless steel refrigerator, stove, built-in microwave and dishwasher; electric boatlift and related equipment; owned electric hot water tank; existing light fixtures; exterior flood lights; custom window coverings; 8-channel security camera system; and furniture and furnishings specifically identified in the attached inclusion list.
- Rental items
- Rogers alarm monitoring contract. Seller intends to cancel on closing unless the buyerarranges to assume it.
Mortgage calculator
Estimated mortgage payment
$4,423 per month
- Principal and interest
- $4,423
- Property tax
- $433
- Condo fees
- $0
- Estimated monthly cost
- $4,857
Your mortgage
- Mortgage amount
- $799,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,807
Cash to close
- Down payment
- $199,800
- Land transfer tax
- $16,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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