$5,888,000 FOR SALE

Land

51 Balsam Road
Ramara, ON L3V 0K8

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 The 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. (id:47423)

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Listed By RE/MAX Right Move Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40444735
Last Updated Mar 21, 2024
Property Summary
Property Type Land

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Price History
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Detailed Information
Features Corner Site, Country residential
Listing Contract Date 2023-07-04
Location Description BALSAM RD FROM HWY 12
Ownership Type Freehold
Property Type Vacant Land
Structures Drive Shed, Barn
Transaction Type For sale
Zoning Description (VR), ( VR,VC,VIN-(H))
Building
Basement Type None
Utility Water Well
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 53.8 acres
Access Type Road access
Acreage Yes
Sewer Septic System
Size of Irregular Land 53.8
Soil Type Clay

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