3-Bed Bungalow with Lake Simcoe Beaches in Lagoon City

Property details for 43 Lake Avenue, Ramara

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 50 x 209.8 FT
Stories: 1
Basement: Crawl space
Parking: No Garage
Heating: Baseboard heaters, Forced air, Electric, Propane
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,139 (2026)

This 3-bed, 2-bath bungalow in Lagoon City is all about lake life without the full waterfront price tag. The front deck faces the water, so you get Lake Simcoe views right from your morning coffee. Inside, it's a single-level layout with a good flow: living room, dining room, kitchen, and all bedrooms on the ground floor. No carpet anywhere, which is a big plus. The kitchen has the basics-fridge, stove, washer, dryer-and there's a separate laundry room. The backyard is big (50 x 209.8 ft lot) and partially fenced, with a deck accessible from two patio walkouts. Great for kids or dogs. You've got deeded access to the beaches, and it's a short walk to both private and public sandy spots. The marina is right there too, and launching your boat for the day is only $20. Beyond the water, the community centre runs fitness classes, yoga, and line dancing, and there's a yacht club and racquet club for tennis and pickleball. You'll be 30 minutes to Orillia for big box stores and 20 to Casino Rama. Municipal services and high-speed internet are hooked up, which is nice. Priced at $599,888, it's below the nearby median of $759,500, and with 14 active listings around, you've got some bargaining room. The market's moving though-homes are selling in about 57 days. This is a solid choice for a seasonal or year-round spot.

About 43 Lake Avenue, Ramara — Property Score

Hot Market Well Priced

Score: 68/100

Value

Priced 25% below area median of $799,450 based on 70 comparable properties nearby 100

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

10,490 sqft lot - an oversized lot for the area 90

Location

$74K median household income - near the Canadian average of $70K 67

82% of residents hold postsecondary credentials - a highly educated neighbourhood 89

94% homeownership rate - indicating a stable, owner-occupied community 96

29% of residents commute under 30 minutes - longer average commute times 53

837/km² population density - a low-density residential area 65

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

3-car garage - area average is 8.6 spots 80

Crawl space basement 50

standard forced air system 75

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.36% effective tax rate ($2,139/yr) - very low tax burden 89

6% renter population - primarily owner-occupied area 37

Quality

Condition

Listing

32 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.