51 Balsam Road, Ramara, ON L3V 0K8

Ramara L3V 0K8 Ontario

MLS: S12270560

$4,500,000

Added 49 days ago | For Sale

Listed by: RE/MAX RIGHT MOVE

About Property

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.

Features

  • House Style:Land
  • Bathrooms:
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  • Water:Well
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  • Driveway:
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  • Cross Street:Balsam & Courtland
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $4778.63
  • Bedrooms:
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  • Heating Type:
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  • Listing ID:S12270560

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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