Active

51 Balsam Rd

Ramara Ontario, L3V 0K8

C$5,499,000


C$1,087.46 per sqft

Active

0.12 Acres

Land

53.80 Acres of Future Development with currently 27 lots zoned VR on a registered plan and ready to be developed. The remaining land is currently zoned VR, VC, VIN-(H). The property is in Ramara's secondary Official Plan and consists of 4 Parcels total composed of 53.80 acres. The lots that are already registered can be developed without any further planning applications. There would be a requirement for an agreement to build the road to municipal standards. The remaining lands, they are slated for residential development as well. The holding provisions (page 66 of Official Plan) would be removed through the Plan of Subdivision once approved. The first step for a plan of subdivision for the remaining lands would be to undertake a Preconsultation. Part of the property is under LSRCA. Currently used as a farm with a Beautiful 2500 sqft Farmhouse, 24'X 40' garage, 42' X 60' Barn, and 40' X 16' hay storage. 2 wells on the property, Septic, Natural Gas.

S6635194

MLS ID

November 22, 2024

Updated

Map

51 Balsam Rd
Ramara Ontario, L3V 0K8

Exterior/Building Features

Lot Size

0.12 Acres


Sewer

Septic

Other Property Details

Area Name

Rural Ramara


Taxes

$2,212


Tax Frequency

Annually


Garage

No


View

No


County

Ontario


Municipality

Ramara


Water Source

Well


Pool

No


Zoning

(VR), ( VR,VC,VIN-(H))

Listing History

Date

Event

Price

7/12/2024

Price change

$5,499,000

-7%

3/22/2024

Price change

$5,888,000

-2%

 

Courtesy of Listed by , RE/MAX RIGHT MOVE,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:04 PM UTC, 11/22/2024

 

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