• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$4,500,000
Available - For Sale
Listing ID: S12270560
51 Balsam Road , Ramara, L3V 0K8, Simcoe


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.
Price $4,500,000
Taxes: $4778.63
Tax Type: Annual
Assessment Year: 2025
Occupancy: Owner
Address: 51 Balsam Road , Ramara, L3V 0K8, Simcoe
Postal Code: L3V 0K8
Province/State: Simcoe
Legal Description: Parcel Includes mutiple pins. See Remark
Directions/Cross Streets: Balsam & Courtland
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Designated
Use: Residential
Total Area: 53.80
Total Area Code:  Acres
Financial Statement: F
Franchise: F
Washrooms: 0
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Land
Area: Simcoe
Municipality: Ramara
Neighbourhood: Atherley
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $4,778.63
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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