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Incredible opportunity to acquire 53.80 acres of future development land in Ramara, including 27 fully registered lots zoned VR and ready for immediate development. These lots require only an agreement to construct the road to municipal standards; no additional planning applications are needed. The remaining land is also zoned VR, VC, and VIN-(H), and is included in Ramaras Secondary Official Plan. The holding provisions (as outlined on page 66 of the Official Plan) can be removed through a Plan of Subdivision once approved. The first step for further development would be a pre-consultation for the subdivision process. The property spans four separate parcels and is partially regulated by the LSRCA. Currently used as a farm, the property features a charming 2,500 sq. ft. farmhouse, a 24' x 40' garage, a 42' x 60' barn, and a 40' x 16' hay storage building. Additional highlights include two wells, a septic system, and a natural gas service.
Broker
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Land
51 Balsam Road Ramara
Ramara
Type
Land
Property Tax
~$4,779/yr
Buying Essentials
Square Feet
54 sqft
Finances
List Price
$3,200,000
Price per SQFT
$59,259/sqft
Property Tax
~$4,779/yr
Property Specs
Property Type
Land
MLS Size
54 sqft
Policies & Utilities
Neighbourhood
Ramara
Listed On
Jul 8, 2025
Days on Market
Current: 487 days
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