For Sale

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

$990,000

5566 Gray's Bay Road, Ramara, Ontario L0K 1L0 is For Sale and has a listing price of 990,000. The property is located in the Ramara . It's been on the website for 13 Days.

  • Detached
    Property Type
  • 2
    Bedrooms
  • 1
    Bathrooms
  • Parking
  • MLS ID: S12203852
  • Office Name RE/MAX HALLMARK CHAY REALTY
Property 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
  • Bedrooms: 2
  • MLS ID: S12203852
  • Bathrooms: 1
  • Price: $990,000
  • Lot Depth: 130
  • Transaction Types: For Sale
  • Ref ID: S12203852
  • Year Built: N/A
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Rama Road
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 31-50
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
06/06/2025 S12203852 $990,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ramara
  • $947,160 Average List Price
    based on 1 year
  • 17 New Listings
    based on 30 days
  • 88 Median Days on Market
    based on 1 year
  • List vs. Selling Price 234.53 % Up
  • Sold (12mo) 114
  • Rented (12mo) 24

  • 1 Month Change +3.1%
  • 3 Month Change -37.1%
  • 6 Month Change -41.4%
Walkscore
  • 38 Walk Score
    Car-Dependent
  • 38 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Shingle, Aluminum Siding
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $5,570
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 06/06/2025 21:37:12
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