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Property Description
Great opportunity to expand your investment portfolio with Turnkey home & business with high earning potential. A Home away from home for your family gatherings or you can continue to operate as a licensed short-term rental property (4.83* AIRBNB package ready and licensed under Township of Ramara). Beautiful & move-in ready custom home (2012) with private backyard access to Lake Simcoe. This Property includes Hot-Tub Pad W/Electrical Hook-Up, Double Walkouts with Sliding doors to Lake, Honeywell 'Whole House' Generator (2022), Water Purification System, A/C (2020), Forced Air Propane Furnace, Large Dock , Star-link High-Speed Internet, New Kitchen Sink & Faucet (2022), BBQ Gas Line, New Hot water tanks (2023). Great Location for fishing and water activities. Friendly and Quiet neighbourhood with conveniently located to grocery, dining, parks, boat dock and Township of Brechin.All beds and furniture are included in the price for easy turnover airbnb.
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Extras
Inclusions: All Elf's, S/S Dishwasher, S/S Fridge, S/S Stove, B/In S/S Microwave, Washer/Dryer, Hwt, Water Softener, Generator, Starlink Sat, Water Treatment System, Window Coverings, Hot Tub Base, Fire Pit, Dock 2 Sheds.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
25' x 130'
Fronting
South
Taxes
$2,885 (2023)
Basement
Crawl Space
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.85' x 25.62' | Hardwood Floor, Fireplace, W/O To Deck |
| Dining | Ground | 8.14' x 9.48' | Hardwood Floor, Open Concept, Overlook Water |
| Kitchen | Ground | 9.48' x 10.24' | Stainless Steel Appl, Granite Counter, Open Concept |
| Prim Bdrm | 2nd | 12.04' x 12.86' | Hardwood Floor, Overlook Water, His/Hers Closets |
| 2nd Br | 2nd | 8.43' x 12.60' | Hardwood Floor, Overlook Water, Double Closet |
| 3rd Br | 2nd | 9.74' x 9.35' | Hardwood Floor, Double Closet |
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Ramara Market Statistics
Ramara Price Trend
1114 Ramara Road 47 Rd is a 3-bedroom 2-bathroom home listed for sale at $1,199,000, which is $278,572 (30.3%) higher than the average sold price of $920,428 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Ramara increased by $313,928 (51.8%) compared to the previous 30 day period (February 27 - March 27) and down $31,238 (3.3%) from the same time one year ago.Inventory Change
There were 34 3-bedroom homes listed in Ramara over the last 30 days (March 28 - April 26), which is up 41.7% compared with the previous 30 day period (February 27 - March 27) and up 112.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Ramara typically sold ($26,514) (2.9%) below asking price over the last 30 days (March 28 - April 26), which represents a $5,569 decrease compared to the previous 30 day period (February 27 - March 27) and $19,333 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 (March 28 - April 26) stood at 20.6%, down from 33.3% over the previous 30 days (February 27 - March 27) and up from 18.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Ramara stood at 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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