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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 99 days

    1662 Lakeshore Drive

    Rural Ramara·Ramara, ON·L0K 1B0·Near Concession A & Ramara Rd 47

    • 7 beds
    Ramara real estate›S12945846
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Discover the ultimate escape to serenity at this magnificent Lake Simcoe waterfront residence. This stunning 7-bedroom home, boasting an impressive 110 feet of private lake frontage, is more than just a property - it's a sanctuary where the everyday melts away, replaced by the tranquil beauty of the waterfront. Step inside and be immediately captivated by the expansive open-concept design, where comfort seamlessly blends with breathtaking, wall-to-wall views of Lake Simcoe. The cozy great room invites you to unwind and relax, featuring a large-screen TV and an inviting electric fireplace elegantly set into a dsitinctive marble porcelain. Walk out directly from the great room to the expansive deck, offering an idyllic setting for your morning coffee, evening cocktails, or simply soaking in the spectacular scenery. The large, well-appointed kitchen, complete with a massive island, is an entertainer's dream, ideal for creating lasting memories with loved ones. Indulge in the master bedroom, a private oasis complete with an ensuite bathroom and double-door entry into a bright sunroom. Here you can savour your morning coffee while enjoying panoramic lake views, or simply bask in the peace and quiet. The finished basement is thoughtfully designed for shared experiences and comfortable living, offering a vast open area perfect for endless entertainment possibilities. With five additional bedrooms, there's abundant space for extended family, friends, and grandkids to spread out and find their own cozy corners. A detached 3-car garage with 100-amp service is ready for you to customize into your dream workshop, a dedicated space for your lake toys, or even an additional recreational area. The possibilities are truly endless for making this lakeside haven uniquely your own.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 1, 2026ListedCurrentFor sale$2,198,000 —S12945846This page
    Jul 4, 2025Previously listedTer$2,498,000 —S12264453View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1662 Lakeshore Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $10,798
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $819
    0.45% mill rate · ON
    The market

    How this home sits in the Ramara market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ramara market right now

    Average sold price, days on market, and closed-transaction count for Ramara — sourced from MLS®.

    • Avg sold price
      —
      Last 30 days
    • Median sold price
      —
      Middle of the market
    • Days on market
      —
      Avg from list to close
    • Closed last 30d
      —
      MLS® transactions
    Full Ramara market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1662 Lakeshore Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1662 Lakeshore Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1662 Lakeshore Drive listed for?

      1662 Lakeshore Drive is listed at $2,198,000 on the MLS® (listing S12945846). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1662 Lakeshore Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 3500-5000 sqft
  3. Detached
  4. Built 16-30
  5. Asking
    $2,198,000
    $0 / sqft · MLS® S12945846
    Chat Zara
  6. Zara AI Estimate
    Live valuation

    Not enough neighbourhood comparable data yet to estimate this listing. Chat with Zara for a private valuation.

    Ask Zara
    Market analytics

    Live market data for Ramara.

    Avg sold price
    —
    Median sold
    —
    Avg days on market
    —
    Recently sold
    —
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Step inside and be immediately captivated by the expansive open-concept design, where comfort seamlessly blends with breathtaking, wall-to-wall views of Lake Simcoe.
    • The cozy great room invites you to unwind and relax, featuring a large-screen TV and an inviting electric fireplace elegantly set into a dsitinctive marble porcelain.
    • The finished basement is thoughtfully designed for shared experiences and comfortable living, offering a vast open area perfect for endless entertainment possibilities.
    • A detached 3-car garage with 100-amp service is ready for you to customize into your dream workshop, a dedicated space for your lake toys, or even an additional recreational area.
    Ask Zara a follow-up
    Septic
  7. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    3
    Parking spaces
    18
    Driveway
    Private
  8. Interior

    4
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    14
  9. Exterior & construction

    5
    Exterior
    Stone, Wood
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Waterfront
    Y
    Pool
    None
  10. Lot & land

    2
    Year built
    16-30
    Lot dimensions
    110.89 x 311.00 Feet
  11. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    Bungalow-Raised
    Property class
    Detached
  12. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Mud Room
      Ceramic Floor
      8.1 × 7.1 ft
    • Kitchen
      hardwood floor · breakfast bar · overlook water
      21.9 × 9.1 ft
    • Primary Bedroom
      hardwood floor · 3 pc bath · overlook water
      18.3 × 13.0 ft
    • Bedroom 2
      hardwood floor · overlook water
      12.6 × 11.9 ft
    • Dining Room
      hardwood floor · open concept · overlook water
      14.2 × 13.6 ft
    • Great Room
      hardwood floor · wood stove · overlook water
      32.2 × 19.0 ft
    • Sunroom
      Hardwood Floor
      19.3 × 7.1 ft

    Lower level

    5 rooms
    • Bedroom
      broadloom · closet · window
      13.1 × 10.7 ft
    • Bedroom 3
      broadloom · closet · window
      12.3 × 11.0 ft
    • Bedroom 4
      broadloom · closet · window
      12.3 × 11.0 ft
    • Recreation
      broadloom · stone fireplace
      29.3 × 16.4 ft
    • Bedroom 5
      broadloom · closet · window
      17.1 × 11.3 ft
    Combined estimate
    $11,617
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $10,798
    /mo
    based on the purchase price of $2,198,000
    $439,600 cash
    $1,758,400 financed
    $1,481,034 total interest
    Monthly payment$10,798/ month
    Principal54%$1,758,400
    Interest46%$1,481,034

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Ramara

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2723 Monck Road
      Sold
      Sign in for price
      2723 Monck Road
      Detached
    • 57 Poplar Crescent
      Sold
      Sign in for price
      57 Poplar Crescent
      Detached
    • 6 Thicketwood Place
      Sold
      Sign in for price
      6 Thicketwood Place
      Detached
    • 4162 Orkney Beach Road
      Sold
      Sign in for price
      4162 Orkney Beach Road
      Detached
    • 6382 Blueburd Street
      Sold
      Sign in for price
      6382 Blueburd Street
      Detached
    • 6382 BLUEBIRD Street
      Sold
      Sign in for price
      6382 BLUEBIRD Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1662 Lakeshore DriveThis home7 / 435,005,000$2,198,000ask———
    2723 Monck Road6 / 31,500—
    57 Poplar Crescent6 / 32,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of HOMELIFE LANDMARK REALTY INC. · displayed on Summitly per MLS® data-share rules

    1662 Lakeshore Drive is a 7-bedroom, 4-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 1662 Lakeshore Drive built?

    1662 Lakeshore Drive was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 1662 Lakeshore Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1662 Lakeshore Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 1662 Lakeshore Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,198,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 1662 Lakeshore Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1662 Lakeshore Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 1662 Lakeshore Drive in?

    1662 Lakeshore Drive is in Rural Ramara, Ramara. The 'Neighbourhood' section below links to the live Ramara real estate hub with average sold price, days on market, and current inventory.

  22. Is Ramara a good place to live?

    Ramara is one of ON's actively-tracked Summitly markets. The full Ramara real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 6 Thicketwood Place
    6 / 4
    3,500
    —
    4162 Orkney Beach Road7 / 22,000—
    6382 Blueburd Street6 / 42,500—
    6382 BLUEBIRD Street6 / 42,500—