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7426 ISLAND VIEW Street, Ramara, ON L0K 2B0

3 beds · 3 baths · 2 kitchens · 12 rooms · 8 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,499,900
Property tax
$6,735 / year

Welcome to your dream waterfront retreat on Lake Couchiching, where stunning evening sunsets, a sandy shoreline, and peaceful privacy create the perfect year-round escape. This custom-built waterfront bungalow, completed in 2022, offers exceptional quality, modern design, and high-end finishes throughout. Featuring a brand-new dock, 50 ft of waterfront, and a sandy-bottom shoreline ideal for swimming, kayaking, canoeing, and boating. Enjoy excellent boating access to Lake Simcoe and the Trent-Severn Waterway.Situated on a private 208 ft deep lot with parking for up to 8 vehicles, large bungalow plus 353 sq ft loft bonus room showcases quality construction including an ICF foundation and 3-zone hot water radiant heated floors throughout.The main living space features 2 bedrooms, 2 full bathrooms, a stunning vaulted living room with propane fireplace, oversized windows, and four patio doors capturing beautiful lake views and breathtaking sunsets. The gorgeous kitchen offers a large island, quartz countertops, and stainless-steel appliances. The spacious primary bedroom includes a large walk-in closet and private 3-piece ensuite. Luxury vinyl plank flooring throughout completes the modern feel.A private covered porch leads to separate guest quarters, perfect for extended family, guests, or additional living flexibility. This space includes vaulted ceilings, a large bedroom, 4-piece bathroom, and kitchenette with electric cooktop, built-in microwave, and bar fridge. The finished loft bonus room provides additional space with future potential.Additional features include a 200-amp electrical service, UV water treatment, water softener, iron filtration system, and efficient heating and cooling systems. Enjoy the quiet waterfront setting, nearby hiking trails, close proximity to Casino Rama, and easy access to Highways 11 and 12. A rare opportunity to own a newer custom waterfront bungalow offering luxury, privacy, boating, and unforgettable sunsets on Lake Couchiching.

MLS number
S13451410
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L0K 2B0
Photos
39
Laundry
Main Level level
89days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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.

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 Ramara — 237 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
$587k$1.05M$1.52M20252026this 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 525 people.

$86,000Median household income
92.7%Own their home
95.9%Detached houses
59.2Median age
13%Born outside Canada
22.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440251 — the few blocks around this address, home to 525 people. It describes the area, not this property.

525Population
52.8Average age
2.1Household size
$105,000Average household income
$86,000Median household income
93%Own their home
7%Rent
0%Condominiums
13%Born outside Canada
22%University degree
$785,000Average home value
7%Low income
70%Not in the labour force
20%Never married
Under $5,0002%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over28%
$100,000 to $124,9999%
$125,000 to $149,9993%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 325 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.

$299,980 · minimum here is $124,990
$6,641.23per month
Borrowed before insurance$1,199,920
Total borrowed$1,199,920
Interest over 25 years at 4.5%$792,450

If you rented it out

-$7,202.48per month out of pocket
Rent$0.00
Everything it costs to hold$7,202.48
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 CENTURY 21 B.J. ROTH REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.