Sold

5562 Rama Rd, Ramara, Ontario L3V 0S3

$469,900 $420,000

5562 Rama Rd, Ramara, Ontario L3V 0S3 is Sold and has a listing price of 469,900. The property is located in the Ramara neighbourhood . It's been on the website for 123 Days.

  • Detached
    Property Type
  • Detached
    Building Style
  • 2
    Bedrooms
  • 2
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: 27889224
  • Office Name RIGHT AT HOME REALTY
Property Description

**Attention Investors and first time home buyers!** This Bungalow in Ramara is an amazing opportunity located in the heart of lake country. This home offers 2 bedrooms and 2 bathrooms, with a work from home space off of the kitchen. Top features include: [1] An amazing, oversized lot (almost half an acre!). [2] Situated in a prime location, just minutes to Orillia, Casino Rama, boat launches/beaches, and all local amenities! [3] A double-car detached shop that is insulated and equipped with multiple heat sources and hydro. [4] There is a separate entrance to basement with gas fireplace, laundry and 2-piece bathroom (mostly unfinished). 5562 Rama Road is ready for your creativity and inspiration, to both enjoy and build sweat equity!

Property Details
  • Bedrooms: 2
  • MLS ID: 27889224
  • Bathrooms: 2
  • Price: $469,900
  • Lot Depth: 289.79
  • Lot Front: 80.12
  • Transaction Types: Sold
  • Ref ID: 27889224
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • Bonus Room: N/A
  • Dir / Cross St: Fawn bay rd; Rama road
  • Status: U
  • Tax Year: 2024
  • Approx Age: 51-99
  • Municipality District: Ramara
  • Building Type: Residential
  • Building Style: Detached
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
02/07/2025 S11961299 $469,900 Sold 03/13/2025 $420,000
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ramara
  • $942,928 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 89 Median Days on Market
    based on 1 year
  • List vs. Selling Price 234.31 % Up
  • Sold (12mo) 117
  • Rented (12mo) 24

  • 1 Month Change +3.1%
  • 3 Month Change -37.1%
  • 6 Month Change -41.4%
Walkscore
Property Type Distribution
  • All Houses
    79.51%
  • All Houses/Commercial
    0.03%
  • Commercial
    12.98%
  • Condo
    5.93%
  • Land for Sale
    1.55%
Additional Details
  • Swimming Pool Y
  • Heat Type Forced Air
  • Sewers Septic
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Detached
  • Parking Spaces: 4
  • Water Well
  • Exterior Alum Siding
  • Total Parking Spaces: 6
  • Garage: 2
  • Basement Part Fin
  • Kitchen Y
  • Fireplace Y
  • Family Room: N
  • Area Code: 04
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 3 # Pcs: N/A
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: 1
  • Washrooms Type 3: N/A
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $1,897
  • Sold Date: 12/03/2025
  • Last Status Sld
  • Original Price: $469,900
  • Sold Price: $420,000
  • Addl Monthly Fees: $0
  • Days On Market2: 34
  • Type: .d.
  • % Listing Price: 89
  • Listing Entry Date: 06/02/2025 20:24:30
  • Possession Date: 30/03/2025 00:00:00
  • Agent Name: JOSH GRAY
  • Closed Date: 04/04/2025
  • Last Updated: 13/03/2025 09:48:55
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