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43 RIDGE AVENUE, Ramara — listed at $425,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to Lagoon City-a unique community featuring a canal system and direct access to Lake Simcoe. Situated on a picturesque waterfront lot, this property offers a rare opportunity to create an ideal home for full-time living or a weekend retreat.Located within walking distance to the local public school, just 15 minutes to Orillia, and only minutes to Lake Simcoe public beaches, marinas, and OFSC trails-this home offers the perfect balance of convenience and lifestyle.It is an excellent choice for those seeking a property with high investment potential or dreaming of building a modern waterfront home in one of Ontario's most desirable lakeside communities.The house is currently undergoing renovation and is ready for a major overhaul. Interior walls have been stripped down to the framework, allowing the new owner to implement their own design and a modern layout without incurring additional demolition costs.The property will be sold As Is. Don't miss the chance to purchase a unique property and make your dream of waterfront living a reality. (id:60164)
Is this a good starter home?+
At $425,000, this is priced in starter-home territory for Ramara. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
The listing describes the basement as: Crawl space. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,303.76, heating is other, other. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is 43 RIDGE AVENUE a good fit for a growing family?+
With 3 bedrooms and 1 bathrooms, there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is other, other. Ask for past utility bills to understand real heating costs.
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