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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Ramara
About 7889 Rama Road
A Rare opportunity to own 91.68 Acres of beautiful natural landscape in washago, featuring over 1000 feet frontage on the green river and rama road. This expansive property offers a wonderful combination of mixed hardwood forest, natural ponds, varied terain and beautiful natural surroundings. AN Existing access road extends into the property, providing access to explore this large parcel. Enjoy the surrounding area's outdoor lifestyle, including boating, fishing, hiking, nature walks, hunting, snowmobiling and cross-country skiing. This property offers space, privacy, and an opportunity for a private recreational retreat or long-term land investment. Conveniently located approximately 1.5 Hours from toronto.
Ramara land priced at $580,000 — book a tour to see if it fits your search.
Inside 7889 Rama Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
7889 Rama Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S14176954$580,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7889 Rama Rd Compares to the Ramara Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$2,849
/mo
based on the purchase price of $580,000
$116,000 cash
$464,000 financed
$390,810 total interest
Principal54%$464,000
Interest46%$390,810
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Rama Road? See what yours is worth
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Book a tour of 7889 Rama Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 7889 Rama Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market49Homes sold in about 49 days on average.
Sale-to-list ratio94.6%On average, homes sold below asking.
Active listings213Homes for sale here right now.
Median vs prior 90 days−17.9%Compared with May 17 – Aug 15, 2026: prices down.
Based on 63 sales from Aug 15 – Nov 13, 2026 (55 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7889 Rama Rd
How much is 7889 Rama Rd listed for?
7889 Rama Rd is listed at $580,000 (MLS® S14176954). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7889 Rama Rd changed?
No — 7889 Rama Rd is still listed at its original asking price of $580,000.
How many bedrooms and bathrooms does 7889 Rama Rd have?
The listing for 7889 Rama Rd doesn't publish its bedroom and bathroom count. It is a lot in Ramara.
How much would the monthly mortgage be on 7889 Rama Rd?
About $2,849 a month — principal and interest on $580,000 with 20% down ($116,000), 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 7889 Rama Rd compare with other homes in Ramara?
Its asking price of $580,000 is about 9% below the median sold price in Ramara over the last 90 days, $640,000, across 63 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 7889 Rama Rd been sold before?
Summitly has no earlier MLS® sale or lease of 7889 Rama Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7889 Rama Rd?
7889 Rama Rd is in Ramara, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7889 Rama Rd been on the market?
7889 Rama Rd was listed today (November 13, 2026).
What is the lot size of 7889 Rama Rd?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on 7889 Rama Rd?
About $8,075 in Ontario land transfer tax at the asking price of $580,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 7889 Rama Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 7889 Rama Rd?
The listing for 7889 Rama Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Ramara.
