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New14 hours ago

3583/87 Southwood Beach Boulevard

Rural Ramara, Ramara

$969,000

Detached|2-Storey
4 | 2 | 20
About this home

Two cottages. One incredible waterfront setting. Endless possibilities. Set on 2.2+ acres with 160 feet of south-facing frontage on beautiful Lake St. John, this property offers the rare opportunity to own not one, but two separate cottages-perfect for extended family, guests, shared ownership or additional rental potential. The main waterfront cottage features 4 bedrooms and 2 bathrooms, two spacious living rooms, plenty of open gathering space and a charming front porch with views across the water. A workshop adds practical space for hobbies, projects or storage, while the generous layout gives everyone room to relax and gather. Just steps away, the second 3-season guest cottage offers 2 bedrooms, 1 bathroom and its own kitchen. Ideal for visiting family and friends, overflow accommodation or an investment opportunity, this additional cottage adds exceptional flexibility. Outside the property shines; enjoy beautifully maintained grounds with plenty of flat open space for lawn games, family gatherings and summer entertaining. Gather around the fire pit in the evening, or make your way down to the water to enjoy the sunshine and south-facing exposure. Located on a municipally maintained road and conveniently close to Casino Rama, Washago and Orillia, you're never far from restaurants, shopping, entertainment and everyday amenities, while still enjoying the privacy and relaxed pace of waterfront cottage living. Conveniently located in Simcoe County, known for big city amenities mixed with small town charm, with great highway access from Toronto. Enjoy winter activities - 40 minutes to downhill and Cross Country Skiing at Horseshoe Valley and Mount St Louis and snowmobile trails. 4-season living area/community, many full-time residents, with close access to schools & family amenities! Two cottages. Over two acres. 160 feet of south-facing Lake St. John waterfront. A truly versatile waterfront property with room for family, friends and plenty of year round memories.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size3000-3500 sq. ft.
Property Tax$5,812
Lot Size160.73 ft x 732.1 ft
mls© NumberS13770712
Listed BySotheby's International Realty Canada

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%
$4,960
Property tax
$484
Heat allowance
$150
Housing costs
$5,594 / mo

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

Down payment20% · $193,800
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$4,078 / mo
Cash down
$193,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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