$ 1,499,000

Double Lake Simcoe Waterfront Lot with Guest House

Property details for 2392 Lakeshore Drive, Ramara

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
1
Lot Size
101 x 198.8 FT
Stories
1
Basement
None
Parking
Detached Garage, Garage
Heating
Baseboard heaters, Electric, Wood, Other
Cooling
None
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$4,967

Rare double-wide waterfront lot on Lake Simcoe, coming in at 101 by 198.8 feet. The nearly 20,000 square foot parcel is the real star here. Bungalow itself is classic beach cottage style with 3 beds and 1 bath, and it's got a dated but functional kitchen with wood cabinets and a vintage stove. Living room has wood-paneled walls, a brick fireplace, and a built-in window seat with a peek of the water. You'll find hardwood and ceramic floors throughout, and a walkout leads to a sizable deck with a grill. There's also a separate guest house with a lake view, plus a detached garage and plenty of parking for 7 cars. Property is tucked into a quiet, wooded cul-de-sac, with privacy and west-facing sunset. Yard is huge open lawn, good for games or future expansion. It's about 60 minutes to the GTA and a short drive to Beaverton and Orillia. Water source is a lake intake, and septic. With only 4 active listings nearby and a median sold price of $1.499M in the last month, this one's priced at $1.499M and is a solid value for the land alone.

About 2392 Lakeshore Drive, Ramara — Property Score

63
Hot Market Well Maintained
Score: 63/100
Value
26
Priced 91.3% above area median of $783,750 based on 60 comparable properties nearby 1
Stable pricing - no price changes since original listing date 50
Size
58
3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48
1 bathroom - 2 fewer than similarly priced properties nearby 36
20,079 sqft lot - an oversized lot for the area 90
Location
74
$64K median household income - near the Canadian average of $70K 62
78% of residents hold postsecondary credentials - a highly educated neighbourhood 87
97% homeownership rate - indicating a stable, owner-occupied community 98
47% of residents commute under 30 minutes - good commuting convenience 68
49/km² population density - a rural or semi-rural setting 55
Market
80
Just listed - area average is 69 days on market 100
+70.7% median price change over 1 month - rising prices in the area 100
35.3 months of housing supply - 106 active listings with 3 sold last month (buyer's market) 40
Features
58
7-car garage - area average is 8.5 spots 95
None basement 30
baseboard heating throughout 55
None 30
Waterfront, View - premium features that add significant value 80
Investment
63
0.33% effective tax rate ($4,966/yr) - very low tax burden 90
5% renter population - primarily owner-occupied area 36
Quality
66
Appealing hardwood and ceramic flooring, custom windows 75
Durable vinyl siding on exterior 70
Upgraded kitchen and bathroom, included guest house 70
Heating includes baseboard, electric, and wood options 50
Condition
80
Well-maintained vinyl siding with mature trees 75
Spacious lawn with mature trees providing privacy 80
Exceptional waterfront location with stunning sunset views 85
Listing
89
Listing description quality 90
30 photos provided - below the area average of 35 photos 92
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

This Ramara waterfront property offers exceptional value with its rare double lot and desirable west-facing exposure for stunning sunsets. Priced at $1,499,000, it boasts a generous 100 x 200 ft lot, providing ample space for future development or expansion, unlike the area median of $783,750.

* 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Ramara, Ontario

Population
597
Median Age
56.6
Median Income
$30,112
Dwelling Value
$354,224

Housing Tenure

Owners 97%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 48.6/km²
Avg Shelter Cost: $1,254/mo
Owners with Mortgage: 49.1%
Owners Spending 30%+: 30.9%
Tenants Spending 30%+: 0%
English only: 96.7%
English and French: 1.7%
Neither: 0.8%
Median Household Income: $63,744
Median Employment Income: $27,904

Price History

Contact Agent Get in touch about 2392 Lakeshore Drive, Ramara

OLEG CHINGUIREI
OLEG CHINGUIREI
SUTTON GROUP-ADMIRAL REALTY INC.

Photo Gallery - 2392 Lakeshore Drive, Ramara

Exterior

Aerial view of a waterfront property with a house, garage, and dock, bordered by trees and a road.

Mixed waterfront property house garage

A calm body of water with a visible pebble shoreline and overhanging tree foliage under a cloudy sky.

Original calm water pebble shoreline tree foliage

A light-colored, single-story house with a large wooden deck and a prominent chimney.

Mixed deck grill chimney

A detached shed with double doors and a window sits on a grassy lawn surrounded by mature trees and hedges.

Original shed double doors window

A view of the side and front of a tan vinyl-sided house with white-trimmed windows and a brick chimney, surrounded by a green lawn and mature trees.

Original vinyl siding brick chimney dormer window

An aerial view shows a property with labelled dimensions and waterfront access.

Mixed aerial view property lines dimensions labelled

Deck & Patio

A concrete patio overlooks a calm body of water, furnished with a small pink bistro set and surrounded by greenery.

Original waterfront view bistro set concrete patio

View of a wooden deck with a grill cover overlooking a grassy yard and a lake surrounded by trees.

Original deck grill cover lake view

Yard

A wide, green yard with scattered leaves surrounds a modest house with a deck and a detached shed.

Mixed lawn trees shed

A grassy yard with mature trees, a picnic table, and an Adirondack chair overlooking a body of water.

Original picnic table adirondack chair flower planter

Kitchen

A vintage kitchen features wood cabinets, a brick chimney with a stove, and a decorative rooster.

Original wood cabinetry brick chimney vintage stove

Living Room

A cozy living room features wood paneled walls, a brick fireplace, a bay window with a built-in seat, and hardwood floors.

Original wood paneled walls brick fireplace bay window

Bedrooms

A bedroom featuring bunk beds, wood-paneled walls, and a large window overlooking greenery.

Dated bunk beds wood paneled walls louvered closet doors

Bathrooms

A bathroom with a toilet, sink, and wood-paneled walls, featuring notes posted on the wall.

Original toilet sink mirror

Other

A water heater and cleaning supplies are visible in this room with wood-paneled walls and a linoleum floor.

Original water heater vacuum cleaner stacked chairs