For Sale

51 BALSAM Road, Ramara, Ontario L3V0K8

$5,499,000

51 BALSAM Road, Ramara, Ontario L3V0K8 is For Sale and has a listing price of 5,499,000. The property is located in the Ramara neighbourhood. It's been on the website for 316 Days.

  • Vacant Land
    Property Type
  • MLS ID: 40444735
  • Office Name RE/MAX Right Move Brokerage,RE/MAX Right Move Brok
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 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:43137)

Property Details
  • MLS ID: 40444735
  • Price: $5,499,000
  • Transaction Types: For Sale
  • Ref ID: 25785624
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
07/04/2023 40444735 $5,499,000 For Sale - -
07/04/2023 S6635194 $5,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ramara
  • $956,155 Average List Price
    based on 1 year
  • 33 New Listings
    based on 30 days
  • 54 Median Days on Market
    based on 1 year
  • List vs. Selling Price 177.43 % Up
  • Sold (12mo) 124
  • Rented (12mo) 19

  • 1 Month Change +53.4%
  • 3 Month Change +19.4%
  • 6 Month Change +47.7%
Walkscore
  • 14 Walk Score
    Car-Dependent
  • 29 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    82.11%
  • All Houses/Commercial
    0.04%
  • Commercial
    11.43%
  • Condo
    4.02%
  • Land for Sale
    2.4%
Additional Details
  • Sewers Septic System
  • Basement2 None
  • Water Well
  • Property Features Corner Site, Country Residential
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/07/2023 00:00:00
  • Zoning Y
  • Agent Name: Daniel Stoutt,Steve Stoutt
  • Address Subdivision: RA39 - Atherley
  • Last Updated: 12/07/2024 14:12:43
Open House Dates
Want to see this property?