Single Family Residence sold at 7288 Rama Rd, Ramara, ON, L0K 2B0 - Rural Ramara - MLS: 40321883

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7288 Rama Rd

Ramara, ON, L0K 2B0 - Rural Ramara

$999,999$000000

Neighbourhood

Rural Ramara
Major Intersection

Listed Since: 1331 day(s)
Last update: 1267 day(s) ago

Overview

Property Type

Single Family Residence, Bungalow
Bedrooms

3 + 2
Bathrooms

3
Basement

Full, Finished
Kitchen

n/a
Total Parking

12 (2 null Garage)
Lot Size

271.04x388.17 (Acres)
Taxes

$2,715.92 (2021)
Type

Freehold

Property Description

Property description for 7288 Rama Rd, Ramara

Presenting 7288 Rama Road: a picturesque 1.6-acre lot with a custom-built bungalow offering 5 Bedrooms, 3 Bathrooms, Bonus Loft, and ample parking. Backing onto a lush protected forest, the backyard is a STUNNING Oasis. As you enter inside, you will fall in love with this sun filled family home with soaring cathedral ceilings and massive windows that highlight the hardwood floors and custom finishes. With an open concept, the home brings everyone together. The kitchen is upgraded with quartz counters, a gas stove, and stainless- steel appliances. Conveniently laid out with a large master bedroom, 5-piece ensuite, two generously sized bedrooms, and 4-piece bathroom on the main level. The fully finished basement with a separate entrance is perfect for an in-law, has oversized windows and offers 2 bedrooms, a 3-piece bathroom, laundry room, and an abundance of functional space and storage. From the dining room and lower level, exit onto two expansive decks overlooking the stunning property which features a show stopping 20x40 ft in-ground salt water pool (8.5ft deep end), with custom built stone waterfall, low maintenance gardens, and interlocking stone surround. A hot tub, designated fire pit area with flagstone base, and a large chicken coop for fresh eggs daily! A pad has been poured and a permit has been obtained to build a poolside cabana! The privacy fence and natural tree-line create a peaceful sanctuary to retreat to at the end of the day. The most memorable days will be sitting poolside, hosting the best parties, and soaking up the sun with friends and family. To top it all off, a new metal roof was recently added in 2019!

Listed by Century 21 B.J. Roth Realty Ltd. Brokerage

Property details

MLS #

40321883
Sq. Ft

2968
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

12
Family Room

n/a
Den

n/a
Exterior

Brick, Vinyl Siding, Other
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Concrete Perimeter
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Oil
A/C

Central Air
Water

Well
Water Supply

n/a
Sewers

n/a
Central Vac

Y

MLS #

40321883
Sq. Ft

2968
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

12
Family Room

n/a
Den

n/a
Exterior

Brick, Vinyl Siding, Other
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Concrete Perimeter
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Oil
A/C

Central Air
Water

Well
Water Supply

n/a
Sewers

n/a
Central Vac

Y

Bathroom

false Basement level

3-Piece
Bedroom

5.05 x 4.04 ft Basement level
Bedroom

3.33 x 2.77 ft Basement level
Recreation Room

7.47 x 4.01 ft Basement level
Loft

3.48 x 6.30 ft Second level
Bedroom

3.66 x 3.53 ft Main level
Bathroom

false Main level

4-Piece
Bedroom

3.25 x 3.20 ft Main level
Bedroom Primary

3.35 x 4.75 ft Main level
Living Room

4.11 x 5.94 ft Main level
Dining Room

3.20 x 4.44 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Single Family Residence in Rural Ramara

Active listings

Average Selling Price of a Single Family Residence

April 2026

$638,380

Last 3 Months

$784,696

Last 12 Months

$764,138

April 2025

$607,333

Last 3 Months LY

$743,055

Last 12 Months LY

$713,434

Change

Historical Average Selling Price of a Single Family Residence in Rural Ramara

Average Selling Price

3 years ago

$967,833

Average Selling Price

5 years ago

$907,312

Average Selling Price

10 years ago

$468,200

Change

-34%

Change

-30%

Change

36%

Number of Single Family Residence Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

67%

Change

50%

Change

80%

How many days Single Family Residence takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-70%

Change

-24%

Change

-24%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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