Waterfront Bunkie with Hot Tub on the Black River

Property details for 7696 South River Road, Ramara

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 102 x 176 FT
Stories: 1
Basement: Finished, Walk out, N/A
Parking: Attached Garage, Garage
Heating: Wood, Coil Fan
Cooling: Central air conditioning, Ventilation system
Exterior: Wood
Ownership: Freehold
Annual Taxes: $3,672

Tucked along the Black River in Washago, this 3-bed, 2-bath bungalow sits on a 102 by 176 ft lot with direct water access. The standout is the detached bunkie, fully finished with its own bathroom and a hot tub, plus a professional dock for swimming or launching a canoe. Inside, the main floor has two bedrooms, a kitchen, and a living room, all with ceramic tile flooring. The walk-out basement adds a family room, a third bedroom, another bathroom, and a sitting area, opening to the river side. Wood heat and a coil fan handle the colder months, with central air for summer. There's an attached garage and space for 11 cars total. The dug well and septic system are typical for the area. Taxes run about $3,672 annually. You're 5 minutes from Northland Motel & Restaurant, 8 minutes from Webers, and just over 7 km from Orillia Airfield. With only 3 active listings nearby and a median price of $988k, this one's positioned competitively, and it's been on the market just 38 days. Recent local sales averaged $819,900 and moved in 48 days. This property scores strong on features (81) and market (80), but value is lower at 43, reflecting the premium waterfront price. It's a solid year-round retreat or rental prospect.

About 7696 South River Road, Ramara — Property Score

Feature Rich Hot Market Great Location

Score: 66/100

Value

Priced 23.5% above area median of $799,999 based on 25 comparable properties nearby 35

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

17,952 sqft lot - an oversized lot for the area 90

Location

$75K median household income - near the Canadian average of $70K 68

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

88% homeownership rate - indicating a stable, owner-occupied community 91

65% of residents commute under 30 minutes - excellent commuter accessibility 82

109/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 48 days on market 100

+47.5% median price change over 1 month - rising prices in the area 100

59.5 months of housing supply - 119 active listings with 2 sold last month (buyer's market) 40

Features

11-car garage - more than the area average of 8.6 spots 95

Finished, Walk out, N/A basement - adds valuable living space 85

Wood, Coil Fan 60

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

Waterfront, View - premium features that add significant value 80

Investment

0.37% effective tax rate ($3,671/yr) - very low tax burden 89

11% renter population - primarily owner-occupied area 43

Quality

Condition

Listing

31 photos provided - below the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.