7779 Somerset Drive, Ramara

$999,000
7779 Somerset Drive

$999,000

New
2d
Detached2-Storey

7779 Somerset Drive, Ramara

Total Monthly Obligation $4,766

HausQ Valuation Report
Beds
7
Baths
4
Park
6
Sqft
2500-3000
DOM
2d
Yield
4.1%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-S14104986
Beds-7
Bathrooms-4
Size-2500-3000 sqft
Lot Size-95.01 × 187.12 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,338 (2025)
Parking-8 - Detached
Basement-None
Heating-Forced Air (Propane)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Rural Ramara
Title-Residential Freehold

No agent assigned

Escape to waterfront living at 7779 Somerset Drive! Offering nearly 96 feet of waterfront, this spacious four-season retreat features 7 bedrooms, 4 bathrooms and large windows that fill the home with natural light. Two separate living units provide a versatile layout for hosting guests or enjoying time together with added privacy. The open-concept design creates a welcoming setting for entertaining, while the fireplace adds warmth and charm for relaxing evenings. Step outside to enjoy morning coffee by the water, summer gatherings and peaceful views from your own backyard. A detached 2-car garage and ample parking complete the package. Located just south of Washago, close to village shops, cafés, restaurants and Washago Centennial Park's beach and boat launch. Enjoy convenient highway access and an approximately 10-minute drive to Orillia for additional shopping, dining and entertainment. A wonderful opportunity to create lasting memories at your own waterfront getaway or enjoy the cottage lifestyle year-round!

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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,766/mo
Mortgage $4,030
Monthly Loss $3,706
Principal$1,060
Interest$2,969
Property Tax$362
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 7779 Somerset Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.