4044 Bayview Avenue, Ramara

$629,000
4044 Bayview Avenue

$629,000

New
28d
DetachedBungalow

4044 Bayview Avenue, Ramara

Total Monthly Obligation $3,098

Beds
3
Baths
2
Park
8
Sqft
1500-2000
DOM
28d
Yield
6.8%
Cash on Cash
6.8%
Cap Rate
6.0%
5Y IRR
21.0%
10Y IRR
19.1%
Property Type-Detached
MLS® Number-S13828568
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-88 × 200 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,224 (2025)
Parking-10 - Detached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Propane
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Ramara
Title-Residential Freehold

No agent assigned

A 0.40-acre lot in Rural Ramara with a double detached garage and a full Generac standby generator already in place. 4044 Bayview Avenue is a 3-bedroom, 2-bath bungalow on an 88 x 200 ft lot just off McRae Park Road, with Highway 12 access via Muley Point Road. Everything is on one level: a living room open to the kitchen over a pass-through counter, three bedrooms, a four-piece bath, a three-piece bath, main-floor laundry, a den and a propane fireplace. Approx. 1,537 sq ft above grade (MPAC). Propane forced-air heat, central air, and a generator ready for the next winter storm that takes the power out. Outside, the deep lot opens onto a wide back lawn with mature trees along the rear, a fire pit, a fenced run and a patio off the back entrance. The detached double garage is powered, with shelving and room to work, and the private double drive parks up to 8.Built in 1963 and ready for its next owner's updates, this is a solid, well-equipped starting point with room to grow into. Private well and septic. Taxes $2,224 (2025). $140/year gives exclusive use of the waterfront park and available community hall for rent. There is a 230-amp panel in the garage.

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Closing Costs

Mortgage Amount
$503,200
Land Transfer Taxes$9,055
Legal Fees (Est.)
$
Total cash required for closing$136,355

Total Monthly Obligation

$3,098/mo
Mortgage $2,537
Monthly Loss $2,430
Principal$668
Interest$1,870
Property Tax$185
Home Insurance$125
Variable Costs$250

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

Comparables

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