51 Balsam Rd, Ramara Rural Ramara
Cashback ~$68,738
$5,499,000
$5,980,000

51 Balsam Rd, Ramara Rural Ramara

Vacant Land
Property type
0
Bedrooms
0
Bathrooms
Rural Ramara
Community name

Property details

Status
Active
Lot size
0.00 X 0.00
Acreage
50
Updated on
2025-02-20, 4:11 p.m.
MLS® number
S6635194

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.


$68,738 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
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Listed by: RE/MAX RIGHT MOVE

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.