ON > Ramara > Rural Ramara
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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$5,499,000
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50 Acres Lot
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51 Balsam RD Ramara, ON L3V 0K8

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Rural Ramara

MLS Listing ID S6635194

Annual Tax Amount $2,212

Tax Year 2023

Lot Size 50.000 Acres

Property Sub-Type Vacant Land

Property Description

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.

Location

Province ON

County Simcoe

Community Rural Ramara

Area Simcoe

Rooms

Kitchen 0

Interior

Interior Features Sump Pump

Exterior

Waterfront Description None

Listed by RE/MAX RIGHT MOVE
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Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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51 Balsam RD

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