Ramara, ON L3V 0K8,51 Balsam RD
Ramara, ON L3V 0K8,51 Balsam RD
Ramara, ON L3V 0K8,51 Balsam RD
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$3,200,000
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Price Dropped by $1.3M

51 Balsam RD Ramara, ON L3V 0K8

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Atherley

MLS Listing ID S12270560

Annual Tax Amount $4,778

Tax Year 2025

Property Sub-Type Land

Property Description

Incredible opportunity to acquire 53.80 acres of future development land in Ramara, including 27 fully registered lots zoned VR and ready for immediate development. These lots require only an agreement to construct the road to municipal standards; no additional planning applications are needed. The remaining land is also zoned VR, VC, and VIN-(H), and is included in Ramaras Secondary Official Plan. The holding provisions (as outlined on page 66 of the Official Plan) can be removed through a Plan of Subdivision once approved. The first step for further development would be a pre-consultation for the subdivision process. The property spans four separate parcels and is partially regulated by the LSRCA. Currently used as a farm, the property features a charming 2,500 sq. ft. farmhouse, a 24' x 40' garage, a 42' x 60' barn, and a 40' x 16' hay storage building. Additional highlights include two wells, a septic system, and a natural gas service.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Kitchen 0

Exterior

Utilities Available Available

Others

ParcelsYN No


Listed by RE/MAX RIGHT MOVE

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Ricky Chadha

Ricky Chadha

Broker | License ID: 9535980

+1(647) 503-4135

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51 Balsam RD