7700 Oak Point Road, Ramara

$799,000
7700 Oak Point Road

$799,000

New
28d
DetachedBungalow

7700 Oak Point Road, Ramara

Total Monthly Obligation $3,933

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
28d
Score
16
Yield
3.3%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-S13828028
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-55.46 × 100.75 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,016.99 (2026)
Parking-4 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Other
Laundry-No
Fireplace-Propane
Pool-None
Facing-West
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Ramara
Title-Residential Freehold

No agent assigned

3-BEDROOM WATERFRONT BUNGALOW WITH A GUEST BUNKIE, TWO FIREPLACES & BEAUTIFUL WESTERN EXPOSURE! Set directly on 55 feet of Lake Couchiching shoreline, this cottage pairs a beautifully landscaped setting with clean water, a dock that remains year-round and expansive decking along the lake. The fenced yard leads straight to the water, where multiple seating areas create space for summer afternoons, evening fires and long sunsets across the lake. Recent improvements include updated engineered hardwood flooring in the bedroom and dining room, a replaced deck and fence, updated exterior paint, select window and door upgrades, a replaced retaining wall and an updated Aquarobic septic system. The combined living and dining room features wood-panelled ceilings with pot lights and a fireplace, while the separate family room brings Lake Couchiching into view through a large bay window and double garden doors opening to the waterfront deck, with a second fireplace ready for cooler mornings and evenings. The kitchen offers ample cabinetry and counter space, stainless steel appliances and tile flooring. Three bedrooms, laundry and a 3-piece bath complete the cottage, while the separate bunkie provides additional sleeping accommodations, the drive shed offers storage for tools, water gear and seasonal items, and the driveway accommodates up to four vehicles. A Mitsubishi heat pump has its own thermostat, heating extends beneath the cottage, and the underside is spray-foamed with a vapour barrier. Municipal year-round road access keeps Washago shopping and Highway 11 only minutes away, with Orillia within easy driving distance. Spend the afternoon at your own shoreline, head out from the dock, come back for dinner by the water and stay for the western sky over Lake Couchiching.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,933/mo
Mortgage $3,223
Monthly Loss $3,085
Principal$848
Interest$2,375
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.6%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,400/yr
NOI
$15,243/yr
Net Cash Flow
-$1,953/mo
Cash Margin
-88.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 7700 Oak Point Road

Time

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