London & Area Real Estate Listings

BACK

For Sale

51 Balsam Road
Ramara, ON, L3V 0K8

$5,888,000
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo
51 Balsam Road, Ramara ON L3V 0K8 Photo

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 The 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 Specification


MLS Number40444735
Property TypeLand
Lot Size Area54 Acres
Lot Size2,343,528 Sq.ft.
Lot Size SourceGeoWarehouse
SewageSeptic Tank
Waterfront0

Location Map




Get In Touch




Disclaimer


These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Listing courtesy of: RE/MAX Right Move Brokerage