$4,500,000
51 Balsam Road, Ramara, ON L3V 0K8
Property Description
Property type
Land
Lot size
N/A
Style
Approx. Area
53.8 Sqft
About 51 Balsam Road
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.
Home Overview
Last updated
23 hours ago
Virtual tour
None
Basement information
Building size
53.8
Status
In-Active
Property sub type
Land
Maintenance fee
$N/A
Year built
2025
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Balsam Road

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