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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@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 26 days

    3888 Melrose Drive

    Atherley·Ramara, ON·L3V 0L3·Near Hwy 12/Muley Pt

    • 3 beds
    Ramara real estate›S13161764
    • 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

    Beautiful bungalow on paved road sitting pretty on a stunning 99' x 311' lot, just 10 minutes to Orillia and steps away water access This meticulously cared-for ranch bungalow is the one you've been waiting for. From the moment you arrive, it's clear this home has been loved. Step outside and breathe it in. Eighteen maturing maple trees line the backyard, offering natural privacy. Gather around the fire pit with friends and family. When it's time to unwind, the raised deck (with propane bbq hookup) flows seamlessly down to a lower deck - the perfect setup for entertaining, morning coffee, or simply soaking in the beauty of your own private retreat. Includes 2 furniture grade Sea Cans on poured concrete footings to store all your summer and winter toys,. Over 1,500 sq ft of thoughtfully designed living space welcomes you with elevated ceilings and an open-concept layout that feels both grand and warm. The kitchen shines with beautiful wood cabinetry, and sliding glass doors draw your eye - and your feet - straight out to that breathtaking backyard. The split floor plan offers something truly special. The private primary suite anchors one end of the home, with a walk-in closet and ensuite. On the opposite end, second and third bedroom share a well-appointed 4-piece main bathroom - ideal for family, guests, or a home office setup. The heated/insulated double car garage is a dream for hobbyists, woodworkers, ideal for a workshop or man cave that works year-round. Head downstairs and discover a full lower level that's been thoughtfully partitioned to maximize every square foot, helping you to visualize a family room, workshop space, utility area, dedicated storage, and the option for a fourth bedroom make this space as flexible as your lifestyle demands.One owner. This road is a part of the Ramara Cycling Trail, OFSC Snowmobile trail is at the end of the road and 2 Provincial parks are a mere 5 minute drive away and Kayaking/canoeing is also just minutes away!

    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
    May 22, 2026ListedCurrentFor sale$979,900 —S13161764This page
    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
      Central Air
      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.

    📍 3888 Melrose Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake Access
    • School
    • School Bus Route
    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
    $4,814
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $351
    0.43% 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
      $645,352
      Last 30 days
    • Median sold price
      $690,000
      Middle of the market
    • Days on market
      48 d
      Avg from list to close
    • Closed last 30d
      39
      MLS® transactions
    Full Ramara market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 3888 Melrose 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 3888 Melrose 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 3888 Melrose Drive listed for?

      3888 Melrose Drive is listed at $979,900 on the MLS® (listing S13161764). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 3888 Melrose 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. 2 baths
  2. 1500-2000 sqft
  3. Detached
  4. Asking
    $979,900
    $0 / sqft · MLS® S13161764
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $645,352
    $593,724Confidence range$696,980
    Asking vs estimate
    ↑↑well-above
    +$334,548
    (+51.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ramara sell in about 48 days — this one has been listed 26 days.

    Avg sold price
    $645,352
    Median sold
    $690,000
    Avg days on market
    48
    Recently sold
    39
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Beautiful bungalow on paved road sitting pretty on a stunning 99' x 311' lot, just 10 minutes to Orillia and steps away water access This meticulously cared-for ranch bungalow is the one you've been waiting for.
    • Eighteen maturing maple trees line the backyard, offering natural privacy.
    • The kitchen shines with beautiful wood cabinetry, and sliding glass doors draw your eye - and your feet - straight out to that breathtaking backyard.
    • The private primary suite anchors one end of the home, with a walk-in closet and ensuite.
    Ask Zara a follow-up
    Septic
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    8
    Driveway
    Private Double
  7. Interior

    4
    Basement
    Full, Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    7
  8. Exterior & construction

    5
    Exterior
    Brick Front, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    View
    Trees/Woods
    Pool
    None
  9. Lot & land

    1
    Zoning
    Rural
  10. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Bungalow
    Property class
    Detached
  11. Room-by-room · 8 rooms

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

    Room dimensions

    Main level

    8 rooms
    • Dining Room
      cathedral ceiling(s) · carpet free
      14.2 × 11.6 ft
    • Bedroom 3
      11.0 × 11.2 ft
    • Foyer
      9.1 × 5.9 ft
    • Bedroom 2
      10.9 × 14.4 ft
    • Laundry
      7.8 × 5.4 ft
    • Primary Bedroom
      walk-in closet(s) · 3 pc ensuite
      14.2 × 13.8 ft
    • Living Room
      cathedral ceiling(s) · carpet free
      12.4 × 15.5 ft
    • Kitchen
      17.5 × 12.0 ft
    Combined estimate
    $5,165
    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
    $4,814
    /mo
    based on the purchase price of $979,900
    $195,980 cash
    $783,920 financed
    $660,266 total interest
    Monthly payment$4,814/ month
    Principal54%$783,920
    Interest46%$660,266

    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.

    • 3554 Peter Street
      Sold
      Sign in for price
      3554 Peter Street
      Detached
    • 3577 Peter Street
      Sold
      Sign in for price
      3577 Peter Street
      Detached
    • 4676 Zachary Crescent
      Sold
      Sign in for price
      4676 Zachary Crescent
      Detached
    • 19 Willow Crescent
      Sold
      Sign in for price
      19 Willow Crescent
      Detached
    • 51 Ridge Avenue
      Sold
      Sign in for price
      51 Ridge Avenue
      Detached
    • 2189 & 2193 Concession 4 Road
      Sold
      Sign in for price
      2189 & 2193 Concession 4 Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    3888 Melrose DriveThis home3 / 215,002,000$979,900ask———
    3554 Peter Street3 / 32,000—
    3577 Peter Street4 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Ramara

    Active listings within ±20% of this asking price.

    • 8168 Laidlaw Avenue
      $899,999
      8168 Laidlaw Avenue
      Detached 3 2
    • 16 Old Indian Trail
      $859,900
      16 Old Indian Trail
      Detached 3 2
    • 30 South Island Trail
      $985,000
      30 South Island Trail
      Detached 4 3
    • 2228 Monck Road
      $799,900
      2228 Monck Road
      Detached 4 3
    • 90 Turtle Path
      $899,999
      90 Turtle Path
      Detached 4 4
    • 27 Thicketwood Place
      $799,900
      27 Thicketwood Place
      Detached 2 3
    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.

  12. One team, no handoffs

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

  13. Showings on YOUR schedule

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

  14. Mortgage that closes

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

  15. Public listing courtesy of Century 21 B.J. Roth Realty Ltd. · displayed on Summitly per MLS® data-share rules

    3888 Melrose Drive is a 3-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 3888 Melrose Drive built?

    The year built for 3888 Melrose Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 3888 Melrose Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 3888 Melrose Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 3888 Melrose Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $979,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 3888 Melrose Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 3888 Melrose Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 3888 Melrose Drive in?

    3888 Melrose Drive is in Atherley, Ramara. The 'Neighbourhood' section below links to the live Ramara real estate hub with average sold price, days on market, and current inventory.

  21. 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.

  22. 4676 Zachary Crescent
    4 / 2
    1,100
    —
    19 Willow Crescent3 / 21,500—
    51 Ridge Avenue4 / 32,500—
    2189 & 2193 Concession 4 Road4 / 31,500—