51 Balsam Road

Ramara, ON

MLS® 40444735

For sale
$5,888,000

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.
Property Details
Property Type
Land
Other Structures
Barn(s)
Drive Shed
Community Features
Rural
Irregular Lot
Corner Lot
Building
Building Type
Residential
Sewer
Septic Tank
Water Source
Well
Land
Lot Size Area
53.8
Acres
50-99.99 Acres
Zoning
(VR)
( VR
VC
VIN-(H))
HoodQ
Walk Score
RE/MAX Right Move
RE/MAX Right Move

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Listing ID: 141110245
Last Updated: 2024-03-21 13:38:11