All photos · 18

Rural Ramara

7682 Oak Point Road, Ramara, ON L0K 2B0

$424,900

Beds

0

Baths

0

Type

Freehold

About this home

Experience spectacular LAKE COUCHICHING SUNSETS from this picturesque waterfront property on the Trent-Severn Waterway. This property presents a Unique OPPORTUNITY for those with vision to create their ideal waterfront retreat. The existing structure provides a starting point for future, while the setting itself is truly the highlight - EXPANSIVE WESTERN VIEWS, endless boating, swimming and waterfront enjoyment right from your doorstep. By retaining the current footprint, there may be the opportunity to rebuild in a location closer to the water than would typically be permitted for a new build under current setback regulations. In addition, maintaining the structure may allow a buyer to take advantage of POTENTIAL development charge credits. This creates a RARE opportunity to design and build a custom waterfront retreat while benefiting from the existing building position near the shoreline. Oak Point Road is a charming island community with municipal road access, traffic is generally limited to residents, creating a peaceful and scenic environment. CENTENNIAL PARK just down the road offers a beach, playground, dog park & outdoor fitness area. The quaint Village of Washago at the northern end of Lake Couchiching provides EVERY DAY ESSENTIALS including a grocery store, hardware store, restaurants, liquor store & public boat launch. Enjoy a CENTRAL LOCATION, easy Highway 11 access approximately 1.5 hours from Toronto, 20 minutes to Orillia and under 20 minutes to Gravenhurst. Nearby Casino Rama offers world-class entertainment, dining & events. A chance to secure an affordable waterfront property in a highly desirable boating location & bring your vision to life. While we encourage visitors, we would kindly ask that you please do not walk on the property without an appointment.

Interior

  • · None

Heating

  • · Other

Cooling

  • · None

Parking

  • · Private

Basement

  • · None

What it could cost monthly

Estimated monthly

$1,946

Principal & interest, per month


Mortgage amount
$339,920
Down payment
$84,980
Total interest paid
$243,811

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX RIGHT MOVE

Each office independently owned and operated.