5227 Prospect Avenue, Ramara, ON

$1,699,999
MLS#:S12223461
3 beds
4 baths
2000-2500 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,699,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 66.06 x 509.54 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Top 5 Reasons You Will Love This Home: 1) Wake up to breathtaking, sun-drenched southern views of Lake Couchiching stretching into Lake Simcoe, with every waterside room in this prestigious home framed by sparkling beauty and natural light 2) Designed with both comfort and privacy in mind, each of the three spacious bedrooms comes complete with its own full ensuite, making it ideal for family and guests 3) Radiant heated floors throughout the main level wrap you in warmth, while additional forced air gas heating and a cozy gas fireplace ensure year-round comfort in every season 4) Enjoy peace of mind with mindful upgrades, including central air, on-demand hot water, an inground sprinkler system, and a backup generator, all in place for safety, convenience, and ease 5) Perfectly positioned just minutes from Historic Downtown Orillia, you'll have quick access to charming shops, dining, and everyday amenities, all while enjoying the tranquility of waterfront living. 2,378 above grade sq.ft. Visit our website for more detailed information.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 5, 2025
Sold price information is available to members only
Listed Date6/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone
Lot Size66.06 × 509.54 Feet
CountySimcoe
Annual Tax$6,690
Legal DescriptionPT N 1/2 LT 29 CON 12 MARA; PT LT 30 CON 12 MARA AS IN RO1258088; T/W MAR91260; S/T MAR91260; S/T MAR11059 AS ASSIGNED BY RO1265134 ; RAMARAS/T EASE IN FAVOUR OF UNION GAS LIMITED OVER PT N1/2 LT 29 AND PT LT 30, CON 12, DES AS PT 3, 51R31589, AS IN SC75409. TOWNSHIP OF RAMARA

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Lake Access, Lake/Pond, Level, Waterfront

Community Features

Location

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5227 Prospect Avenue, Ramara, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Ramara, Ramara.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$787,390

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Uptergrove
Public4833 Muley Point Road, Ramara Township, Ontario, L3V 8C3
4.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5227 Prospect Avenue, Ramara, ON L3V 0Z1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,359,999.2
Monthly Mortgage$7,902
Property Tax (Est.)$558
Utilities & Maint.$350
Total Monthly Cost$8,810

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Ramara.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.