1017 Heron Island
Rural Ramara, Ramara, L3V 8L1
FOR SALE
$349,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSS8392228
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Property Description
Highly Motivated Seller. Welcome to your dream retreat on Heron Island, Lake Couchiching, a paradise for cottagers and boat enthusiasts. Nestled in Ramara, this charming 3-bedroom, 1-bathroom cottage offers over 1100 square feet of cozy living space, family-owned for over 65 years. With just over 170 feet of stunning lakefront, this property is perfect for mornings spent with a coffee and breathtaking sunrise views. The open-concept living and dining area creates a warm, inviting space for gatherings, while the 12x16 workshop and two-storey 24x20 potential Bunkie offer endless possibilities for hobbies and guest accommodations. The beautifully landscaped yards provide a serene backdrop for outdoor activities. Accessible only by boat, Heron Island ensures privacy and exclusivity, making every moment on the water feel like an adventure. While the main cottage is in need of updates inside, it offers a unique opportunity to personalize and modernize your perfect lakeside escape. Whether its fishing, boating, or simply enjoying the tranquility of Island living, this property has it all. Experience the magic of Heron Island and create lasting memories in this lakeside haven. Dont miss your chance to own a piece of paradise. Your sanctuary awaits.
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Property Features
Island, Lake Access, Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
171' x 121'
Acreage
< .50
Fronting
East
Taxes
$2,804 (2023)
Basement
None
Exterior
Wood
Heat Type
Other
Heat Source
Wood
Air Conditioning
Window Unit
Water
Other
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 8.50' x 8.01' | |
| 2nd Br | Main | 8.33' x 8.01' | |
| Prim Bdrm | Main | 8.50' x 8.50' | |
| Kitchen | Main | 18.01' x 8.83' | |
| Living | Main | 14.99' x 21.00' |
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Ramara Market Statistics
Ramara Price Trend
1017 Heron Island is a 3-bedroom 1-bathroom home listed for sale at $349,000, which is $251,600 (41.9%) lower than the average sold price of $600,600 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Ramara declined by $143,811 (19.3%) compared to the previous 30 day period (August 18 - September 16) and up $228,029 (61.2%) from the same time one year ago.Inventory Change
There were 20 3-bedroom homes listed in Ramara over the last 30 days (September 17 - October 16), which is up 33.3% compared with the previous 30 day period (August 18 - September 16) and down 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Ramara typically sold ($42,940) (7.1%) below asking price over the last 30 days (September 17 - October 16), which represents a $19,330 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,090) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Ramara over the last 30 days (September 17 - October 16) stood at 25.0%, down from 60.0% over the previous 30 days (August 18 - September 16) and down from 95.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Ramara stood at 100 days when successfully sold over the last 30 days (September 17 - October 16), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
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