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Home ON Greater Orillia Ramara
51 BALSAM ROAD
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51 BALSAM ROAD $4,500,000
$4,500,000
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51 BALSAM ROAD
Ramara (Atherley), Ontario L3V0K8

MLS® Number: S12270560

Listing Description

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. (40845851)

Location Description

Balsam & Courtland

Property Summary

Property Type
Vacant Land
Community Name
Atherley
Land Size
53.8 ac
Annual Property Taxes
$4,778.63
Time on REALTOR.ca
27 days

Building

Building Features
Features
Irregular lot size
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Business
Business Type
Residential (Residential)

Measurements

Square Footage
54 ac

Land

Other Property Information
Zoning Description
(VR), ( VR,VC,VIN-(H))
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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