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Rural Ramara, Ramara
$969,000
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.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $5,812 |
| Lot Size | 160.73 ft x 732.1 ft |
| mls© Number | S13770712 |
| Listed By | Sotheby'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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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