Welcome to Lagoon City, located on the eastern shore of Lake Simcoe. Live in a waterfront community without the waterfront price. This bungalow offers deeded access to Lake Simcoe beaches! Walk to Lake Simcoe private & public sandy beaches. Enjoy easy access to a full-service marina ($20 to launch your boat for the day). Enjoy Lake Simcoe views from your front deck. This home offers 2 patio walkouts to the backyard deck where families can enjoy games and relaxation in a big partially fenced backyard. Local restaurants, and an active community centre offering fitness classes, yoga, line dancing, euchre, and social clubs. Residents also enjoy a yacht club, racquet club (tennis & pickleball), and extensive walking, biking, and ATV trails. All municipal services and high-speed internet is available - combining waterfront living with modern convenience. Prime Location: 20 minutes to Casino Rama Resort for world-class entertainment & dining, 30 minutes to Orillia for big box stores, waterfront parks, dining & shopping. Approximately 1.5 hours to the GTA.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $807 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 43 Lake Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
43 Lake Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,775
/mo
based on the purchase price of $564,888
$112,978 cash
$451,910 financed
$380,627 total interest
Principal54%$451,910
Interest46%$380,627
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Ramara
Other 2–3 bed homes for sale in Ramara around $565K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio94.8%On average, homes sold below asking.
Active listings233Homes for sale here right now.
Median vs prior 90 days−11.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 74 sales from Jul 24 – Oct 22, 2026 (48 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 43 Lake Ave
How much is 43 Lake Ave listed for?
43 Lake Ave is listed at $564,888 (MLS® S13710170). Summitly updates the price as soon as the MLS® record changes.
Is $564,888 a good price for 43 Lake Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Ramara. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 43 Lake Ave changed?
Yes — it was first listed at $599,888 and is now $564,888, a drop of $35,000 (5.8%).
How many bedrooms and bathrooms does 43 Lake Ave have?
43 Lake Ave has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Ramara.
How much would the monthly mortgage be on 43 Lake Ave?
About $2,775 a month — principal and interest on $564,888 with 20% down ($112,978), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 43 Lake Ave compare with other homes in Ramara?
Its asking price of $564,888 is about 12% below the median sold price in Ramara over the last 90 days, $645,000, across 74 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 43 Lake Ave been sold before?
Summitly has no earlier MLS® sale or lease of 43 Lake Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 43 Lake Ave?
43 Lake Ave is in Ramara, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 43 Lake Ave been on the market?
58 days — 43 Lake Ave was listed on August 25, 2026.
What is the price per square foot of 43 Lake Ave?
About $514 to $807 per square foot: the asking price of $564,888 over the 700–1,100 sq ft the listing gives as its size range.
Does 43 Lake Ave have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 43 Lake Ave have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
