4551 Orkney Heights
Ramara, ON
- 3 bed
- 3 bath
- approx. 2000-2500 sqft
- Detached
- 73 days on market
Unique opportunity awaits contractors, builders, developers! The subject property is a 1966 built 2356sf detached brick 3 bedroom bungalow with detached 3 car garage sitting on a 200x300ft 1.37 acre lot Zoned VR Village Residential. The owner undertook major renovations., opening up the main floor, vaulting the ceilings and digging out the crawl space. Much of this work was initiated without proper plans and permits Many repairs were initiated, many left unfinished. Some renos & updates were completed, a newer kitchen, updated baths and newer hardwood flooring and lighting throughout, key among them. The home has two 200 amp panels, modern high efficiency propane furnace with central AC, private well and septic. The house sits within view of Lake Couchiching. The lot has been partially cleared. There is an existing detached garage has been expanded to accommodate 3 cars. It is built but no exterior cladding. Due to structural instability there are no interior showings of the home. The seller will consider providing limited access to buyer with a successful offer. This is a great opportunity for experienced developers and contractors to complete this amazing property.
Listing Details
- Taxes (2025)
- $3,224
- Originally Listed
- $600,000
- Listed
- July 8, 2026
Price History
Property
- Style
- Bungalow
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Carpet Free, Primary Bedroom - Main Floor, Sump Pump
- Lot Size
- 200 x 300 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 3
- Total Parking
- 13
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Hwy ) 12 (Trans Can Hwy) at Orkney Heights
- Zoning
- Village Residential
- Parcel Number
- 586930004
- Possession
- 1-29 days
- Occupancy
- Vacant
Included
- Exclusions
- As Per Schedule B
- Rental Items
- As Per Schedule B
Schools
Elementary
- Uptergrove Public School2.1 km
Public · Simcoe County DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 24% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3V
- Population
- 48,651
- Private dwellings
- 22,293
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Ramara · last 12 months
- Median sold price
- $675,000
- Homes sold
- 177
- Median days on market
- 31
- Sale-to-list price
- 94.8%
Based on 177 recorded sales of residential freehold properties in Ramara over the last 12 months.
Rooms
5-piece on Flat, 2 × 4-piece on Flat
Flat
- Bedroom 214'5" x 11'8"
- Bedroom 316'1" x 9'
- Dining Room14'11" x 13'5"
- Family Room21' x 13'11"
- Kitchen21'10" x 12'2"
- Living Room22'2" x 17'9"
- Primary Bedroom15'1" x 13'1"
Listed by
FOREST HILL REAL ESTATE INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$100,000
Estimated Monthly Payment
$2,456
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $269/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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