Single Family Residence sold at 7324 Glen Ellen Drive, Ramara, ON, L0K 2B0 - Rural Ramara - MLS: 40467236

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7324 Glen Ellen Drive

Ramara, ON, L0K 2B0 - Rural Ramara

$1,399,999$000000

Neighbourhood

Rural Ramara
Major Intersection

Listed Since: 992 day(s)
Last update: 907 day(s) ago

Overview

Property Type

Single Family Residence, 1.5 Storey
Bedrooms

2 + 2
Bathrooms

3
Basement

Full, Finished, Sump Pump
Kitchen

n/a
Total Parking

6 (1 null Garage)
Lot Size

Available Upon Request
Taxes

$5,113.80 (2023)
Type

Freehold

Property Description

Property description for 7324 Glen Ellen Drive, Ramara

Introducing "Legacy by the Lake" …don’t you deserve your own waterfront haven? Three generations have enjoyed this serene beauty of nature overlooking the glistening waters of Lake Couchiching, "Legacy by the Lake" presents an unparalleled opportunity to embrace a lifestyle of luxury, comfort, and timeless elegance. Nestled amidst the rich, treed shoreline, the custom-built home is a true masterpiece, offering year-round living in a setting that blends tranquility with adventure. Breathtaking Waterfront Views: Start each day with awe-inspiring views and end with tranquil sunsets over the shimmering lake waters. The panoramic views from each level of the home create a visual symphony that's simply unmatched.

Listed by Coldwell Banker The Real Estate Centre Brokerage

Property details

MLS #

40467236
Sq. Ft

2745
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

2005
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

6
Family Room

n/a
Den

n/a
Exterior

Hardboard, Stone, Other
Fireplace

2
Roof

Fiberglass
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Fireplace-Propane, Forced Air-Propane
A/C

Central Air
Water

Drilled Well
Water Supply

n/a
Sewers

n/a
Central Vac

Y

MLS #

40467236
Sq. Ft

2745
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

2005
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

6
Family Room

n/a
Den

n/a
Exterior

Hardboard, Stone, Other
Fireplace

2
Roof

Fiberglass
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Fireplace-Propane, Forced Air-Propane
A/C

Central Air
Water

Drilled Well
Water Supply

n/a
Sewers

n/a
Central Vac

Y

Bedroom Primary

3.66 x 4.88 ft Second level

cathedral ceiling(s), ensuite privilege, open concept
Bedroom

4.72 x 2.87 ft Main level
Bathroom

3.66 x 2.97 ft Main level

4-piece, jetted bathtub
Great Room

8.23 x 7.32 ft Main level

balcony/deck, cathedral ceiling(s), double vanity
Bathroom

2.74 x 2.31 ft Lower level

3-piece, heated floor
Bedroom

3.58 x 2.74 ft Basement level
Utility Room

3.89 x 3.48 ft Lower level
Bedroom

3.25 x 2.74 ft Lower level
Family Room

5.69 x 5.54 ft Basement level

fireplace, walkout to balcony/deck

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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Purchase Price

First time home buyer

Down Payment($)

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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