Homula Realty Brokerage
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81 Bayshore Drive, Ramara, ON L0K 1B0

Vacant Land
$450,000
Property tax
$774 / year

An incredible opportunity to build your dream home or cottage in this sought-after Bayshore Village Community. This premium vacant lot offers stunning views, breathtaking sunsets, and a peaceful lakeside setting. Enjoy exclusive access to year-round amenities including a clubhouse, private golf course, swimming pool, tennis courts, and 3 marinas. Just a short drive to Orillia and all local conveniences. An exceptional opportunity to create your own piece of paradise! Fully-serviced lot with snow removal, high-speed internet, satellite TV, underground hydro & phone, municipal water & sewer, and weekly garbage/green bin pickup. Only 10 mins to Brechin, 15 mins to Orillia & Casino Rama.

MLS number
S13502404
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0K 1B0
Photos
12
Laundry
Not in the unit
75days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 700 people.

$88,000Median household income
100%Own their home
100%Detached houses
65.5Median age
19.2%Born outside Canada
24.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431250 — the few blocks around this address, home to 700 people. It describes the area, not this property.

700Population
60Average age
2.1Household size
$120,400Average household income
$88,000Median household income
100%Own their home
0%Rent
0%Condominiums
19%Born outside Canada
25%University degree
$988,000Average home value
8%Low income
10%Never married
Under $5,0001%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over30%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 465 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.

$90,000 · minimum here is $22,500
$1,992.50per month
Borrowed before insurance$360,000
Total borrowed$360,000
Interest over 25 years at 4.5%$237,751

If you rented it out

-$2,057.00per month out of pocket
Rent$0.00
Everything it costs to hold$2,057.00
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 PERCY FULTON LTD.. Listing data provided by the Toronto Regional Real Estate Board.