9 days on Market

5566 Gray's Bay Rd, Ramara, Ontario L0K 1L0

Detached
2
1
~1100-1500 sqft
$1,050,000
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Detached
2
1
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$827/sqft

Est. Mortgage$4,509/mo

Tax Amount (2025)$5,570/yr

Days On Market9 days


Description

Waterfront property on Lake Couchiching with approximately 108 feet of waterfront frontage, this is the first time this property has been offered for sale in over 50 years, this well maintained 1406 square foot 2 bedroom bungalow was built in 1991, and the oversized garage was built in 1981 with finished area above the garage, there is a wood burning fireplace in living room, eat-in kitchen, sunroom with door to deck overlooking the lake, full 4 piece bath, main floor laundry area, half unfinished basement and a very usable crawlspace under the remainder of the house, lots of warm pine in main areas. This property has its own drilled well and septic and central air conditioning. This beautiful property is situated on a dead end private road with only 14 other owners. The Township does not maintain the road but there is garbage and recycling pickup. Another big bonus of this property is that there is economical Natural Gas heating, a Generac Natural Gas powered backup generator. Amazing Southern views of Fawn Bay and the Fern Resort. The shoreline is reinforced and stabilized by 1 ft. x 8 ft. long precast concrete sections that were installed in the 80's. Within walking distance to Casino Rama. This property won't last long so schedule your viewing today, you wont be disappointed. A recent water test is available showing excellent water 0/0. Please see form 299 included in attachments prior to booking appointment.


Property Details

StyleBungalow
View-
Age of property31-50
SqFt~1100-1500 SqFt
Lot Size14,040 SqFt(130 x 108)
Parking Spaces6
MLS ®NumberS12203852
Community NameRamara
Data SourceTRREB
Listing byRE/MAX HALLMARK CHAY REALTY

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Half, Part Bsmt

Main Floor

Living

6.56 x 4.72

Wood Stove

Dining

3.46 x 2.46

Kitchen

4.53 x 4.5

Primary

4.7 x 4.5


Features

Lot size: 14,040 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property History

Jun 7, 2025
ListedActive
$1,050,000
9 days on market
history photo preview38
Listing by trreb®
Property listed by RE/MAX HALLMARK CHAY REALTY, 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

44 days

Compared to

2024

34 days

2023

31 days

2022

19 days

New Listings

Past 30 days

90 listings

Compared to

2024

65 listings

2023

101 listings

2022

93 listings

Units sold

Past 30 days

7 units

Compared to

2024

18 units

2023

26 units

2022

26 units

Median Sold Price

Past 30 days

$650,000

Compared to

2024

$752,500

2023

$840,000

2022

$936,000


Population and Demographics

Overview

Total population 12201
Average household income $115,312

Age (%)

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

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