Unknown for 7609 Somerset Park, Ramara Ontario L0K 2B0
64 days on Market

7609 Somerset Park, Ramara, Ontario L0K 2B0

Detached
5
3
~1500-2000 sqft

Sold conditionally $1,495,000

Escape clause

Detached
5
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$872/sqft

Est. Mortgage$6,420/mo

Tax Amount (2024)$6,113/yr

Days On Market64 days


Description

Your Severn River adventure awaits. Nestled at the end of a private road, this turnkey four-season sanctuary offers 137 feet of pristine Severn River frontage, blending tranquility with effortless access to Lake Couchichings open waters just minutes away by boat. Designed for seamless entertaining, the property features five spacious bedrooms that comfortably sleep 12. The heart of the home is a gourmet kitchen renovated to perfection, featuring sleek quartz countertops and a sprawling center island ideal for family gatherings. Natural light floods the open-concept living area, while the lower level transforms into an entertainment haven with space for games or lounging. Step outside to a private waterfront paradise: shallow beach entry as well as deep, clear waters perfect for swimming, kayaking, or fishing, paired with a generously sized lot for gardening or outdoor dining. The properties secluded location ensures peace, yet it remains minutes from amenities and year-round activities.With recent upgrades, a functional layout, and no detail overlooked, this cottage is primed for immediate enjoyment. Rarely does a property with this blend of luxury, location, and versatility hit the market. Proven rental income too. Train line inactive behind property - just rail storage. Schedule your showing today before this gem is gone.


Property Details

Style2-Storey
ViewLake, Trees/Woods
Age of property16-30
SqFt~1500-2000 SqFt
Lot Size21,828 Ac(159.33 x 137)
Parking Spaces6
MLS ®NumberS12079220
Community NameRamara
Data SourceTRREB
Listing byChestnut Park Real Estate

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Unfinished

Features

Lot size: 21,828 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Apr 12, 2025
ListedActive
$1,495,000
64 days on market
history photo preview48
Listing by trreb®
Property listed by Chestnut Park Real Estate, 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