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Filipe & Isabel Ferreira

REALTOR® · RECO Reg. # 1616044

RE/MAX Ultimate Realty Inc., Brokerage · RECO Reg. # 4713274

Cell/Direct: (647) 298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

Office: (416) 656-3500

License# 4713274

Each office independently owned and operated. For even more listings, visit remax.ca.

RE/MAX Ultimate Realty Inc., Brokerage is a member of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB). REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license.

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Home/MLS® Search/Ramara/31 RIDGE Avenue

31 RIDGE Avenue

Ramara, ON L0K 1B0

NewActiveFor Sale
3 Beds
1 Baths
1,500 Sq Ft
Single Family Home
Ask Filipe about this propertyBook a Showing
Virtual Tour Available

About This Property

Prestigious Lagoon City Waterfront Opportunity - A rare offering on Concord Pond with direct cruiser access to Lake Simcoe, set on an expansive 46.44 ft wide lot with highly sought-after southern exposure. This 3-bedroom, 1-bath bungalow presents an exceptional opportunity to enjoy now while unlocking significant long-term value. The property includes a detached single garage with automatic door, municipal services, and a prime waterfront setting ideal for boating enthusiasts. Step from your backyard to the water and cruise directly into Lake Simcoe or enjoy a short walk to sandy beaches-the perfect blend of privacy and resort-style living. For investors and end users alike, the lot offers outstanding redevelopment potential. Use it as a luxury cottage or rental today or build a custom waterfront residence. The adjacent vacant lot (MLS S12724194) is also available for sale, presenting a compelling opportunity for value appreciation or development. Lagoon City is a planned waterfront community featuring marinas, yacht club, community centre, sandy beaches, and the Knights Inn Harbour Resort with restaurant. Ideally located just 20 minutes south of Orillia and Casino Rama, and only 2 km to Brechin with grocery store, hardware, school, and church. An exceptional waterfront asset offering lifestyle enjoyment today and strong investment upside for tomorrow.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms3
Bathrooms1
ListedMarch 5, 2026
Postal CodeL0K 1B0

Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12797588

Listed by EXP REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$655,000

asking price

MLS®S12797588
TypeSingle Family Home
CityRamara
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,198

/month · $524,000 mortgage

Down Payment20% — $131,000
Interest Rate5.5%

Amortization

Total Interest

$435,535

Total Cost

$959,535

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

EXP REALTY