57 Lake Ave

Brechin, Ramara, L0K 1B0
FOR SALE
$1,025,000
57 Lake Ave, Ramara
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
S9267798
MLSID
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Property Description
Introducing 57 Lake Avenue, a waterfront property nestled in the sought-after Lagoon City community. This 2 storey stone residence boasts 4 bedrooms, 3 bathrooms, and a single garage, providing ample space for comfortable living. One of the highlights is the floor to ceiling fireplace. Imagine cozying up next to the crackling fire with family and friends. But that's not all - this home also features a temperature controlled glass sunroom, providing you with canal views and the perfect spot to relax and unwind. One of the bedrooms has it's own walk-out to a balcony overlooking the tranquil lagoon. Additionally, there are two mainfloor walk-outs creating seamless indoor-outdoor living and dining options. Enjoy access to a small private beach area on Lake Simcoe (foot path across the street). Lagoon City itself is a picturesque waterfront community, known for its serene ambiance and unique man-made canal system. Whether you're taking a peaceful boat ride through the canals or walking the streets of Lagoon City, you'll be surrounded by the beauty of nature. Don't miss this opportunity to own a piece of waterfront paradise at 57 Lake 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-03 2022-04-17 14 $2,800 - Suspended
Extras
BBQ, Garden Shed, Storage Cupboards in Garage, Loft Access In 3rd Bedroom(Not included in floor plan)
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
50' x 210'
Acreage
< .50
Fronting
East
Taxes
$5,326 (2024)
Basement
Crawl Space
Exterior
Stone
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
2nd BrGround12.80' x 9.19'
BathroomGround4.92' x 8.86'2 Pc Bath
LivingGround21.00' x 16.08'
KitchenGround10.17' x 11.81'Broadloom, Ceiling Fan
DiningGround13.45' x 12.14'Hardwood Floor, W/O To Sundeck, Open Concept
SunroomGround14.11' x 14.76'Ceiling Fan, W/O To Water, Overlook Water
Br2nd20.34' x 16.08'4 Pc Ensuite, Vaulted Ceiling, Ceiling Fan
Bathroom2nd7.87' x 12.14'4 Pc Ensuite
3rd Br2nd20.34' x 11.48'W/I Closet, Vaulted Ceiling, Ceiling Fan
4th Br2nd15.75' x 11.81'W/O To Balcony, Vaulted Ceiling, Pot Lights
Bathroom2nd18.70' x 18.70'Combined W/Laundry, 4 Pc Bath
Ramara Market Statistics
Ramara Price Trend
57 Lake Ave is a 4-bedroom 3-bathroom home listed for sale at $1,025,000, which is $210,000 (17.0%) 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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