5 Park Lane is a 3-bedroom, 2-bathroom detached home in Ramara, listed for $1,599,900. It has 2000-2500 sq ft of living space.
1Welcome to Pretty on Park Lane!
2This stunning waterfront bungalow has beautiful south facing views and is nestled on a level lot with easy, effortless access into Lake Simcoe.
3The four-season sunroom is the perfect place to relax and take in the ever-changing lake views, while the expansive deck provides an ideal setting for entertaining family and friends.
Welcome to Pretty on Park Lane! This stunning waterfront bungalow has beautiful south facing views and is nestled on a level lot with easy, effortless access into Lake Simcoe. This beautiful 3-bedroom, 2-bathroom home features a bright, open-concept layout with breathtaking water views from almost every room. The four-season sunroom is the perfect place to relax and take in the ever-changing lake views, while the expansive deck provides an ideal setting for entertaining family and friends. Step outside and discover your own slice of waterfront paradise. Enjoy a fantastic beach-perfect for relaxing with a good book-and a 40-foot dock, ready for summer days spent swimming, boating and soaking up the sun. Inside, recent updates make this home truly move-in ready, including luxury vinyl plank flooring throughout, fresh paint, and new broadloom in the primary bedroom. The full unfinished basement offers plenty of space and endless potential to create something uniquely your own. As a member of the Bayshore Village Association, for $1,130/year, you'll have access to all the amenities, including golf, tennis, pickleball, yoga, a saltwater pool, cards and more. Bell Fibe is included for $42/month, including unlimited internet and a basic Bell TV package. Bayshore Village is a truly unique waterfront community, offering the perfect blend of recreation, relaxation and lakeside living. Come experience Pretty on Park Lane-where every day feels like a vacation.
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $800 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5 Park Lane
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Unfinished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
5 Park Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13803404$1,599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Park Lane Compares to the Ramara Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$7,860
/mo
based on the purchase price of $1,599,900
$319,980 cash
$1,279,920 financed
$1,078,029 total interest
Principal54%$1,279,920
Interest46%$1,078,029
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 2–5 bed homes for sale in Ramara around $1.6M.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio94.6%On average, homes sold below asking.
Active listings217Homes for sale here right now.
Median vs prior 90 days−17.9%Compared with May 12 – Aug 10, 2026: prices down.
Based on 67 sales from Aug 10 – Nov 8, 2026 (53 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5 Park Lane
How much is 5 Park Lane listed for?
5 Park Lane is listed at $1,599,900 (MLS® S13803404). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,900 a good price for 5 Park Lane?
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 5 Park Lane changed?
No — 5 Park Lane is still listed at its original asking price of $1,599,900.
How many bedrooms and bathrooms does 5 Park Lane have?
5 Park Lane has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Ramara.
How much would the monthly mortgage be on 5 Park Lane?
About $7,860 a month — principal and interest on $1,599,900 with 20% down ($319,980), 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.
Are there open houses at 5 Park Lane?
Yes — Sunday, November 8, 1:00 PM – 3:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 5 Park Lane compare with other homes in Ramara?
Its asking price of $1,599,900 is about 150% above the median sold price in Ramara over the last 90 days, $640,000, across 67 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 5 Park Lane been sold before?
Summitly has no earlier MLS® sale or lease of 5 Park Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Park Lane?
5 Park Lane is in Ramara, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Park Lane been on the market?
51 days — 5 Park Lane was listed on September 18, 2026.
What is the price per square foot of 5 Park Lane?
About $640 to $800 per square foot: the asking price of $1,599,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 5 Park Lane have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
