$ 5,499,000
51 Balsam RD Ramara, ON L3V 0K8
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$ 5,499,000
Est. payment | /mo
50 Acres Lot
$ 5,499,000
Est. payment | /mo
50 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID S6635194
Annual Tax Amount $2,212
Tax Year 2023
Lot Size 50.000 Acres
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
Area Rural Ramara
Rooms
Kitchen 0
Interior
Interior Features Sump Pump
Exterior
Waterfront Description None
Listed by RE/MAX RIGHT MOVE
"Helping clients build weath through strategic real estate aquisitions"
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