7661 Somerset Park, Ramara, ON

$948,000
MLS#:S13483636
5 beds
2 baths
1100-1500 sqft
10.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Ramara. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $948,000 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 114 x 195.34 ft lot
  • Features a finished with walk-out, separate entrance, full, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: ERV/HRV, In-Law Capability, Propane Tank
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

WATERFRONT LIVING ON THE SEVERN RIVER WITH DIRECT ACCESS TO LAKE COUCHICHING! Nestled on a beautifully treed 0.63-acre lot with 114 feet of shoreline, this canal-front bungalow offers relaxed waterfront living. Located at the mouth of Lake Couchiching, enjoy direct boating access to the Trent-Severn Waterway while benefiting from a more sheltered setting with calmer waters and reduced boat traffic. Built in 2005, this well-maintained home is designed to make the most of its stunning waterfront surroundings. Oversized windows fill the main level with natural light and showcase picturesque river views throughout the principal living spaces. Hardwood flooring, spacious rooms, and multiple walkouts create a seamless connection between the indoors and the expansive wraparound deck, ideal for entertaining or simply enjoying the scenery. The walkout lower level extends the living space with a large recreation room, two additional bedrooms connected by a semi-ensuite bathroom, and direct access to the backyard and waterfront, making it an excellent setup for hosting family and guests. Outside, enjoy a private dock, marine rail, mature trees, a storage shed, and plenty of space to unwind by the water. Additional features include a forced-air propane furnace, HRV system, owned hot water tank, 200-amp electrical service, updated roof, and air conditioner. Situated in the sought-after Somerset Park/Oak Point waterfront community, you're just minutes from downtown Washago's shops, restaurants, amenities, and Highway 11, offering convenient access to the GTA in less than two hours. Whether you're looking for a year-round property or a waterfront retreat, this #HomeToStay offers an exceptional opportunity to embrace life on the water.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten
BasementFinished with Walk-Out, Separate Entrance, Full, Exposed Rock
Lot Size114 × 195.34 Feet
CountySimcoe
Annual Tax$4,400.96
Legal DescriptionPT RAMA ISLAND RAMA AS IN RO1324027; T/W RAM155192; RAMARA

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Lake/Pond, Other, Park, Wooded/Treed, Waterfront

Interior Features

ERV/HRV, In-Law Capability, Propane Tank, Water Heater Owned

Security Features

None

Community Features

Location

Initializing map...
7661 Somerset Park, Ramara, ON
Loading local market trends...

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 7661 Somerset Park, Ramara, ON L0K 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$758,400
Monthly Mortgage$4,407
Property Tax (Est.)$367
Utilities & Maint.$350
Total Monthly Cost$5,124

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.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Ramara, Ramara.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$798,389

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.