7465 East River Road, Ramara

$479,900
7465 East River Road

$479,900

New
15d
DetachedBungalow

7465 East River Road, Ramara

Total Monthly Obligation $2,493

Beds
2
Baths
1
Park
7
Sqft
700-1100
DOM
15d
Yield
6.4%
Cash on Cash
4.2%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Detached
MLS® Number-S13884044
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-101.58 × 229.75 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,191 (2025)
Parking-7 - None
Basement-None
Heating-Other (Propane)
Brokerage-SOLID ROCK REALTY
Cooling-None
Laundry-No
Fireplace-Propane
Pool-None
Facing-East
Exterior-Wood
Roof-Metal
Foundation-Other
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Ramara
Title-Residential Freehold

No agent assigned

Tucked among mature trees along the peaceful Black River, this charming year-round waterfront property offers the perfect balance of classic cottage character, modern comfort, and natural beauty. With nearly 70 feet of water frontage, the property provides a wonderfully private and tranquil setting, while remaining just minutes from the welcoming community of Washago and convenient access to Highway 11. Inside, the inviting open-concept layout creates a warm and comfortable atmosphere, featuring two bedrooms and one bathroom. Large windows bring the surrounding landscape indoors, while the expansive wraparound deck and screened-in porch provide exceptional spaces to relax, entertain, and take in the peaceful waterfront setting. Step outside and embrace the best of cottage living. Enjoy quiet mornings overlooking the river, afternoons spent soaking up the sun, and evenings gathered around the campfire beneath a canopy of stars. The naturally treed lot creates a sense of privacy and seclusion, offering a peaceful escape from the pace of everyday life. With year-round access, this property is perfectly suited for every season. Whether you're searching for a weekend retreat, a comfortable full-time residence, or a waterfront property where you can gradually bring your own cottage vision to life, the possibilities are yours to explore. Location is another standout feature. Just minutes from Highway 11 and less than five minutes from Washago Centennial Park, you'll have easy access to a swimming beach, parkland, and beautiful natural surroundings, while still enjoying the peace and privacy of your own waterfront haven. A rare opportunity to own a charming year-round waterfront property where privacy, convenience, and the simple pleasures of cottage life come together. Move in and enjoy it as it is, or let the property's natural beauty inspire you to create something truly your own.

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Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,493/mo
Mortgage $1,936
Monthly Loss $1,984
Principal$509
Interest$1,426
Property Tax$183
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 7465 East River Road

Time

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