84 Turtle Path, Ramara

$899,900
84 Turtle Path

$899,900

New
25d
DetachedBungalow

84 Turtle Path, Ramara

Total Monthly Obligation $4,398

Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
25d
Score
17
Yield
4.1%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-S13837030
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 168.05 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$4,711.6 (2026)
Parking-8 - Attached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-TANYA TIERNEY TEAM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Propane, Family Room
Pool-None
Facing-South
Exterior-Vinyl Siding, Stone
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-60-90 days/TBA
Neighbourhood-Brechin
Title-Residential Freehold

No agent assigned

Luxury & Serenity in the Heart of Lagoon City! Welcome to your dream waterfront retreat on the picturesque shores of Lake Simcoe in the sought-after community of Lagoon City, known as the "Venice of the North." This beautifully updated bungalow offers 152 feet of pristine direct waterfront with a private dock, creating the perfect lifestyle for boating enthusiasts, nature lovers, and those seeking a peaceful escape. Impressive curb appeal includes parking for six vehicles, a landscaped interlocking stone walkway, natural stone accents, and an attached heated double-car garage with an insulated Wilcox door. The backyard is designed for entertaining with a maintenance-free composite deck overlooking the water. Inside, the bright open-concept layout showcases stunning waterfront views from nearly every room. Elegant crown moulding, three spacious bedrooms, and two updated bathrooms provide comfort and style. The spa-inspired 4-piece bath features heated floors and an oversized soaker tub.The gourmet kitchen boasts Silestone countertops, under-cabinet lighting, stylish backsplash, KitchenAid stainless steel appliances, a large pantry, and a centre island with breakfast bar. It flows seamlessly into the dining area and family room, where a Napoleon fireplace creates the perfect gathering space. More than a home, this is a year-round lifestyle. Enjoy boating, fishing, paddleboarding, and relaxing on two private sandy beaches in the summer. Winter brings ice fishing, snowmobiling, and cross-country skiing right outside your door.Despite its tranquil, resort-like setting, you're just a short drive to Brechin and Orillia for shopping, dining, and everyday conveniences. Rarely does a property combine luxury, breathtaking waterfront, and four-season recreation so effortlessly. Don't miss this exceptional opportunity to own your own piece of paradise on Lake Simcoe.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,398/mo
Mortgage $3,630
Monthly Loss $3,442
Principal$955
Interest$2,675
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$37,200/yr
NOI
$24,268/yr
Net Cash Flow
-$1,608/mo
Cash Margin
-51.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.5/ 100

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

Comparables

Properties near 84 Turtle Path

Time

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