List Price: $5,499,000 8% reduced
51 Balsam Road, Ramara, L3V 0K8
- By RE/MAX RIGHT MOVE
Vacant Land|MLS - #S6635194|Extension
0 Bed
0 Bath
Price comparison with similar homes in Ramara
Compared to 29 similar homes
962.9% Higher↑
Market Avg. of (29 similar homes)
$517,355
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
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.
Property Description
51 Balsam Road, Ramara, L3V 0K8
Property type
Vacant Land
Lot size
50-99.99 acres
Style
Approx. Area
N/A Sqft
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Status
In-Active
Property sub type
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Year built
--
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51 Balsam Road, Ramara, L3V 0K8Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
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