$425,000
Est. payment $1,882/moCalculate yours
43 Ridge Avenue, Ramara, ON L0K 1B0
Rural Ramara, Ramara, ON L0K 1B0
- 3 Beds
- 1 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC. MLS® S13882012
About this home
Welcome to Lagoon City-a unique community featuring a canal system and direct access to Lake Simcoe. Situated on a picturesque waterfront lot, this property offers a rare opportunity to create an ideal home for full-time living or a weekend retreat.Located within walking distance to the local public school, just 15 minutes to Orillia, and only minutes to Lake Simcoe public beaches, marinas, and OFSC trails-this home offers the perfect balance of convenience and lifestyle.It is an excellent choice for those seeking a property with high investment potential or dreaming of building a modern waterfront home in one of Ontario’s most desirable lakeside communities.The house is currently undergoing renovation and is ready for a major overhaul. Interior walls have been stripped down to the framework, allowing the new owner to implement their own design and a modern layout without incurring additional demolition costs.The property will be sold As Is. Don’t miss the chance to purchase a unique property and make your dream of waterfront living a reality.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Other (Other)
- Cooling
- Other
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 200 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $3,304 (2026)
Location
- Neighbourhood
- Rural Ramara
- Cross Street
- SIMCOE RD/ LAKE AVE
- Direction Faces
- South
Listing
- MLS® Number
- S13882012
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- vacant
- Listed By
- HOMELIFE/BAYVIEW REALTY INC.
Features
Interior
- Other
Pool
- None
Mortgage calculator
Estimated mortgage payment
$1,882 per month
- Principal and interest
- $1,882
- Property tax
- $275
- Condo fees
- $0
- Estimated monthly cost
- $2,157
Your mortgage
- Mortgage amount
- $340,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $224,542
Cash to close
- Down payment
- $85,000
- Land transfer tax
- $4,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $89,975
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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