45 Ridge Ave

Brechin, Ramara, L0K 1B0
FOR SALE
$1,097,000
45 Ridge Ave, Ramara
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
S9232219
MLSID
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Property Description
Introducing 45 Ridge Ave, a stunning waterfront property nestled in the sought-after Lagoon City community. This captivating residence boasts 4 bedrooms, 3 bathrooms, and a double garage, providing ample space for comfortable living.Step inside and be greeted by the warm and inviting atmosphere of this home. One of the highlights is the exquisite kachel fireplace, complete with a built-in pizza oven. Imagine cozying up next to the crackling fire as you enjoy homemade pizzas with family and friends.But that's not all - this home also features 5 walk outs, providing you with breathtaking views and the perfect spot to relax and unwind. Two of the bedrooms even have their own walk-out access to a deck overlooking the tranquil lagoon. Additionally, there are two walk-outs to the stamped concrete patio, creating seamless indoor-outdoor living and dining options. Lagoon City itself is a picturesque waterfront community, known for its serene ambiance and unique man-made canal system. Whether you're strolling along the canals or taking a peaceful boat ride, you'll be surrounded by the beauty of nature.Don't miss this opportunity to own a piece of waterfront paradise at 45 Ridge Ave. Imagine living the Lagoon City lifestyle with boat access to Lake Simcoe. Enjoy the myriad of activities at the Lagoon City Community Association all year long! Lagoon City has two pristine private beaches for residents, a public beach & new playground, a full service marina, a hotel and restaurants, a yacht club, a tennis & pickleball club, trails, and amenities in nearby Brechin (gas, food, lcbo, post office etc), elementary schools and places of worship. It is truly an amazing community to call home! Municipal services, high speed internet, access to the GTA in less than 90 minutes. Contact us today to schedule a showing and experience the beauty and tranquility that Lagoon City has to offer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-19 2024-07-30 11 $987,000 - Terminated
2022-10-29 2023-02-02 99 $2,500 $2,500 Leased
2022-10-29 2023-02-02 99 $2,500 $2,500 Leased
2022-10-29 2023-02-02 99 $2,500 $2,500 Leased
2022-10-29 2023-02-01 98 $2,500 $2,500 Leased
2019-07-02 2019-08-09 38 $519,900 $490,000 Sold
2019-04-03 2019-06-30 89 $524,900 - Expired
2018-11-01 2019-04-01 151 $528,000 - Expired
Extras
Patio Swing, Pool Table & Accessories, Exterior Side Storage (unheated) attached to the house
Property Features
Beach, Lake Access, Marina, Rec Centre, School Bus Route, Waterfront
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
90' x 217'
Acreage
< .50
Fronting
East
Taxes
$4,582 (2024)
Basement
Crawl Space, Part Bsmt
Exterior
Wood
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenGround13.12' x 17.39'Stainless Steel Appl, Hardwood Floor, Window
DiningGround11.48' x 11.48'W/O To Patio, Hardwood Floor, Open Concept
LivingGround13.45' x 18.04'W/O To Patio, Hardwood Floor, Fireplace
BrGround13.12' x 13.78'4 Pc Ensuite, Hardwood Floor
BathroomGround3.28' x 4.92'2 Pc Bath
LaundryGround6.89' x 6.56'Sunken Room, W/O To Yard
2nd Br2nd15.09' x 11.48'Overlook Water, W/O To Deck, Hardwood Floor
3rd Br2nd15.09' x 11.48'Overlook Water, W/O To Deck, Hardwood Floor
4th Br2nd13.78' x 12.80'Hardwood Floor
Bathroom2nd7.55' x 12.80'4 Pc Bath, Soaker
Family2nd31.17' x 27.23'
BathroomGround12.14' x 12.14'4 Pc Ensuite, Soaker, Separate Shower
Ramara Market Statistics
Ramara Price Trend
45 Ridge Ave is a 4-bedroom 3-bathroom home listed for sale at $1,097,000, which is $138,000 (11.2%) lower than the average sold price of $1,235,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Ramara increased by $480,000 (63.6%) compared to the previous 30 day period (July 17 - August 15) and up $384,667 (45.2%) from the same time one year ago.
Inventory Change
There were 11 4-bedroom homes listed in Ramara over the last 30 days (August 16 - September 14), which is up 37.5% compared with the previous 30 day period (July 17 - August 15) and up 175.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Ramara typically sold ($64,500) (5.2%) below asking price over the last 30 days (August 16 - September 14), which represents a $34,550 decrease compared to the previous 30 day period (July 17 - August 15) and ($16,820) 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 4-bedroom homes in Ramara over the last 30 days (August 16 - September 14) stood at 18.2%, down from 25.0% over the previous 30 days (July 17 - August 15) and down from 375.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Ramara stood at 57 days when successfully sold over the last 30 days (August 16 - September 14), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Pine Tree Real Estate Brokerage Inc.
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