For Sale

51 Balsam Road, Ramara, Ontario L3V 0K8

$4,500,000

51 Balsam Road, Ramara, Ontario L3V 0K8 is For Sale and has a listing price of 4,500,000. The property is located in the Ramara neighbourhood . It's been on the website for 39 Days.

  • Land
    Property Type
  • MLS ID: S12270560
  • Office Name RE/MAX RIGHT MOVE
Property 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.

Property Details
  • MLS ID: S12270560
  • Price: $4,500,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: S12270560
  • Year Built: N/A
  • Dir / Cross St: Balsam & Courtland
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
07/08/2025 S12270560 $4,500,000 For Sale - -
07/04/2023 S6635194 $5,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ramara
  • $957,241 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 103 Median Days on Market
    based on 1 year
  • List vs. Selling Price 248.16 % Up
  • Sold (12mo) 93
  • Rented (12mo) 24

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    79.31%
  • All Houses/Commercial
    0.02%
  • Commercial
    12.51%
  • Condo
    6.79%
  • Land for Sale
    1.36%
Additional Details
  • Kitchen Y
  • Taxes: $4,779
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 08/07/2025 16:22:52
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