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Home with vinyl exterior material, street for 5240 Prospect Ave, Ramara Ontario L3V 0Z1
4 hours on Market

5240 Prospect Ave, Ramara, Ontario L3V 0Z1

Detached
4
2
~1100-1500 sqft
$1,284,000
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Detached
4
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$1,012/sqft

Monthly cost

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Description

Top 5 Reasons You Will Love This Home: 1) Rare piece of Canadian sports history, this is more than just a cottage, it's a story, an original cabin from the Orr Walton Sports Camp offering a truly one-of-a-kind opportunity, and for hockey enthusiasts, a chance to own a piece of history that simply cannot be replicated 2) Unmatched western exposure with 78' of prime waterfront on Lake Couchiching capturing a full sweep of the evening sky, delivering extraordinary, unforgettable sunsets 3) Location standing in a class of its own, set on one of Orillia's most prestigious waterfront streets and surrounded by luxury estate properties, offering an exclusive and refined setting defined by privacy, pride of ownership, and an elevated sense of lakeside living 4) Kind of character buyers are desperately searching for, capturing the true cottage feel with rich wood interiors, a crackling wood-burning stove, four generous bedrooms and two bathrooms, all wrapped into a warm, inviting space that feels instantly like home, offering an authentic, nostalgic atmosphere filled with unforgettable memories 5) Four-season living with everything at your fingertips, offering more than just a cottage but a lifestyle only 1.5 hours from Toronto, where summers are spent on the water, winters skiing nearby, and evenings enjoying golf, exceptional dining, and entertainment just minutes away, all with close proximity to Casino Rama Resort and everything Orillia has to offer. 1,113 above grade sq.ft. plus an unfinished basement.


Upcoming Open Houses

May 16Sat11:00 AM - 12:30 PM
May 17Sun1:00 PM - 2:30 PM

Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size17,160 SqFt(220 x 78)
Parking Spaces5
MLS ®NumberS13120630
Community NameRamara
Data SourceTRREB
Listing byFARIS TEAM REAL ESTATE BROKERAGE

Features

Heating: Forced Air
Fireplace
Basement: Unfinished, Full

Main Floor

Kitchen

3.29 x 2.53

hardwood floor / Breakfast Bar / Sliding Doors

Great Rm

6.05 x 4.78

hardwood floor / Wood Stove / W/O To Deck

Br

3.92 x 2.37

hardwood floor / Large Window

Br

3.81 x 2.21

hardwood floor / Large Window


Features

Lot size: 17,160 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 13, 2026
ListedActive
$1,284,000
4 hours on market
history photo preview36
Listing by trreb®
Property listed by FARIS TEAM REAL ESTATE BROKERAGE, Brokerage
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Market Data - Ramara

Geo Zone Map ThumbnailRamara

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2025

33 days

2024

41 days

2023

20 days

New Listings

Past 30 days

46 listings

Compared to

2025

52 listings

2024

80 listings

2023

56 listings

Units sold

Past 30 days

7 units

Compared to

2025

7 units

2024

18 units

2023

15 units

Median Sold Price

Past 30 days

$690,000

Compared to

2025

$630,000

2024

$975,000

2023

$745,000


Population and Demographics

Overview

Total population 12201
Average household income $115,312

Age (%)

0 to 19
16%
20 to 34
14%
35 to 49
14%
50 to 64
28%
65 and plus
28%

Household composition (%)

Single family
70%
Single person
26%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
6%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget