Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1297 Ramara Rd 47 Road, Ramara, ON L0K 1B0

2 beds · 1 bath · 1 kitchen · 9 rooms · 9 parking spaces · 1100-1500 sq ft · Laundry on the main level level · Detached
$759,050
Property tax
$3,085 / year

LAKEFRONT! Charming Bungalow located along the Shorelines of Lake Simcoe on a generous 82X208ft lot w/ private deeded access to the lake including private docks mins to top rated beaches, trails, schools, Hwy 12 & much more! Grand doublewide driveway, no sidewalk, provides ample parking for cars, RVs, boats & other recreational vehicles. Enter through the enclosed porch sunroom ideal for morning coffee or evening drinks offering gorgeous views of the lake. Step into the oversized living comb w/ dining room presenting an open-concept lay-out w/ tall cathedral ceilings & cozy fireplace O/L the lake. Entertainers Eat -in kitchen upgraded w/ SS appliances, custom tall cabinetry, stone counters, backsplash, & breakfast bar. Venture into the family room w/ French door WO to rear deck. Stroll past the kitchen into two large bedrooms & 1-3pc resort style bath. Primary bedroom w/ WI closet & ensuite laundry space (can be converted to ensuite bath w/ stacked laundry). Expansive backyard surrounded by mature trees provides privacy ideal for summer enjoyment plenty of opportunity to add in a pool or Hot tub. Do not miss the chance to purchase this move-in ready bungalow on the water!

MLS number
S13126996
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
L0K 1B0
Photos
41
Laundry
Main Level level
121days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Beaver River PS Public School
Durham DSB
Elementary498 m5.4 / 10
54% met the standard
Holy Family Catholic School
Durham CDSB
Elementary1.7 km5.7 / 10
57% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Ramara237 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$600k$741k$883k20252026this home’s asking price
$788klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d33d20252026
29dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in ramara. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,189 people.

$93,000Median household income
74.4%Own their home
94.1%Detached houses
38.4Median age
14.3%Born outside Canada
9.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35180850 — the few blocks around this address, home to 1,189 people. It describes the area, not this property.

1,189Population
38.6Average age
2.8Household size
$95,600Average household income
$93,000Median household income
74%Own their home
26%Rent
0%Condominiums
14%Born outside Canada
10%University degree
$630,000Average home value
10%Low income
80%Not in the labour force
20%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over32%
$100,000 to $124,9998%
$125,000 to $149,9999%
$150,000 to $199,99911%
$200,000 and over4%

Percentages are of the 610 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$151,810 · minimum here is $50,905
$3,360.91per month
Borrowed before insurance$607,240
Total borrowed$607,240
Interest over 25 years at 4.5%$401,033

If you rented it out

-$3,617.99per month out of pocket
Rent$0.00
Everything it costs to hold$3,617.99
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CMI REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.