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Listed 12 days ago

7314 Summerland Road

Rural Ramara, Ramara

$4,200,000

Detached|Bungalow
6 | 4 | 13
About this home

***95 FT OF LAKE COUCHICHING WATERFRONT LUXURY CUSTOM BUNGALOW*** Experience exceptional four-season waterfront living in this stunning custom-built bungalow on Lake Couchiching, offering approximately 95 ft of west-facing shoreline and breathtaking sunsets. With approximately 4,500 sq. ft. of finished living space, this impressive residence features 10ft ceilings on the main level, 9ft ceilings below, and 6 bedrooms designed for luxurious family living and entertaining. The main level showcases a chef's kitchen with high-end appliances, walk-in pantry, oversized 10' x 5'6" island, custom cabinetry, 3/4" hardwood flooring, custom millwork, 8ft doors, premium lighting and two propane fireplaces. The luxurious primary suite features a heated ensuite floor. The fully finished lower level offers radiant heating, a wet bar, sauna with shower, large three-season room and generous living space, creating an exceptional retreat for family and guests. Step outside to your private waterfront oasis featuring approximately 66 ft. of dock, a 24' x 16' sun deck, maintenance-free Canada Dock, composite decking, glass railings and sandy-bottom shoreline ideal for swimming. Enjoy multiple outdoor entertaining areas, a fire pit and spectacular west-facing sunsets. Additional highlights include a Generac generator, drilled well, EcoFlo septic system, heated & insulated 4-car garage, parking for approximately 9 vehicles, low-maintenance landscaping and private road access. Ideally located just 5 minutes to Washago, 10 minutes to Casino Rama and 20 minutes to Orillia, with boating access on Lake Couchiching and beyond. A rare opportunity to own a truly exceptional luxury waterfront estate offering privacy, elegance and unforgettable four-season lake living.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$10,621
Lot Size93.78 ft x 297.01 ft
mls© NumberS13726014
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$21,498
Property tax
$885
Heat allowance
$150
Housing costs
$22,533 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $840,000
25-yr amortization

Income needed

$693,000

gross annual household income

Payment at 4%
$17,674 / mo
Cash down
$840,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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