$849,000
5788 Richwood Place E, Ramara, ON L0K 1W0
Rural Ramara
Listing courtesy of RE/MAX RIGHT MOVE
Rural Ramara · L0K 2B0
$799,000
$726 / sq ft1 months on market
3-BEDROOM WATERFRONT BUNGALOW WITH A GUEST BUNKIE, TWO FIREPLACES & BEAUTIFUL WESTERN EXPOSURE! Set directly on 55 feet of Lake Couchiching shoreline, this cottage pairs a beautifully landscaped setting with clean water, a dock that remains year-round and expansive decking along the lake. The fenced yard leads straight to the water, where multiple seating areas create space for summer afternoons, evening fires and long sunsets across the lake. Recent improvements include updated engineered hardwood flooring in the bedroom and dining room, a replaced deck and fence, updated exterior paint, select window and door upgrades, a replaced retaining wall and an updated Aquarobic septic system. The combined living and dining room features wood-panelled ceilings with pot lights and a fireplace, while the separate family room brings Lake Couchiching into view through a large bay window and double garden doors opening to the waterfront deck, with a second fireplace ready for cooler mornings and evenings. The kitchen offers ample cabinetry and counter space, stainless steel appliances and tile flooring. Three bedrooms, laundry and a 3-piece bath complete the cottage, while the separate bunkie provides additional sleeping accommodations, the drive shed offers storage for tools, water gear and seasonal items, and the driveway accommodates up to four vehicles. A Mitsubishi heat pump has its own thermostat, heating extends beneath the cottage, and the underside is spray-foamed with a vapour barrier. Municipal year-round road access keeps Washago shopping and Highway 11 only minutes away, with Orillia within easy driving distance. Spend the afternoon at your own shoreline, head out from the dock, come back for dinner by the water and stay for the western sky over Lake Couchiching.
7 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Foyer | Main | 2.27 × 1.75 m7.4 × 5.7 ft | — |
| Kitchen | Main | 3.25 × 2.81 m10.7 × 9.2 ft | — |
| Living Room | Main | 5.40 × 4.84 m17.7 × 15.9 ft | Combined w/Dining |
| Family Room | Main | 4.10 × 5.32 m13.5 × 17.5 ft | — |
| Primary Bedroom | Main | 4.34 × 2.75 m14.2 × 9.0 ft | — |
| Bedroom 2 | Main | 3.13 × 2.45 m10.3 × 8.0 ft | — |
| Bedroom 3 | Main | 3.25 × 2.18 m10.7 × 7.2 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 45% of comparable detached listings in Rural Ramara are asking less.
Based on 94 comparable active detached listings in Rural Ramara. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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