4174 Fountain Drive, Ramara

$479,000
4174 Fountain Drive

$479,000

Price Change
100d
DetachedBungalow

4174 Fountain Drive, Ramara

Total Monthly Obligation $2,470

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
100d
Score
24
Yield
5.9%
Cash on Cash
2.1%
Cap Rate
5.0%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-S13566116
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-75 × 200.46 ft
Listed on site-Jul 15, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$1,951 (2026)
Parking-4 - None
Basement-Unfinished, Crawl Space
Heating-Forced Air (Propane)
Brokerage-ROYAL HERITAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Board & Batten
Roof-Metal
Foundation-Concrete
Sewer-Septic
Possession-flexible
Neighbourhood-Atherley
Title-Residential Freehold

No agent assigned

Ramara Beauty - this turn-key bungalow in sought after SIMCOE county, modern designer finishes throughout. Situated on a mature lot in a beautiful rural community just steps from the shore of Lake Simcoe, yet just a short drive to the amenities offered by Barrie and Orillia. Renovated and Upgraded, the work has been done in this home making it a truly move-in ready gem. Charming board and batten and backing onto greenspace. Covered front entrance leads to open concept floor plan. Ideal space for entertaining. Laminate flooring throughout. Kitchen entry is framed by wooden beams and open concept with stunning wood island doubling as a breakfast nook and open to Living room and large picture windows. Updated kitchen features stainless steel appliances, gas stove, pot lights, wooden countertop island, pantry and more. Beautiful views and plenty of natural light from large windows. Custom Sliding door to large laundry room or office space or mud room with convenient outdoor access. Potential for storage or workshop area. Two spacious and airy bedrooms and 4 piece bathroom. Spacious back room can be converted to a 3rd bedroom. Fully fenced in yard for convenience with pets. This home is also equipped with Reverse Osmosis water system. Deep backyard is fully fenced in and has interlocking patio and convenient and handy portable garage. Newer furnace and A/C/. Walking distance to Lake Simcoe and Public Boat Launch, Shopping, Schools, Beaches and easy access to Hwy 11.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$383,200
Land Transfer Taxes$6,055
Legal Fees (Est.)
$
Total cash required for closing$103,355

Total Monthly Obligation

$2,470/mo
Mortgage $1,932
Monthly Loss $1,961
Principal$508
Interest$1,424
Property Tax$163
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%54
10-Year IRR
12.6%
Returns Index
28.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,464/yr
NOI
$19,167/yr
Net Cash Flow
-$335/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
33.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 4174 Fountain Drive

Time

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