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FarmListed 167 days ago

$2,698,000

51 Balsam Road, Ramara, ON L3V 0K8

Atherley · Ramara · L3V 0K8

Listing brokerage: LACEBY REAL ESTATE LIMITED

Beds
5
Baths
2
Sq ft
2000–2500
Parking
12

Monthly costs

Property taxes

$398/mo

$4,779 a year (2025)

The home

Style
2-Storey
Basement
Unfinished
Parking
12 spots · Detached
Faces
North
Age
100+ years
Heating · cooling
Forced Air
Possession
TBA

About this home

This is the kind of opportunity that rarely comes along. A true turnkey farm paired with future development potential, this remarkable 53+ acre property offers the best of both worlds. The updated 5-bedroom, 2-bathroom farmhouse provides approximately 2,500 sq ft. of comfortable living space, ideal for a family, rental income, or farm operators. The land is well-equipped with fenced areas, water and hydro to the barn, a generator for added reliability, and an abundance of fruit trees and raised garden beds, ready for those with a green thumb to step in and start growing. Calling all builders, investors, farmers, and dreamers, this property is positioned on a prime corner just a short walk to the lake and is bursting with potential. With 27 Village Residential (VR) recorded lots already in place, it presents a standout opportunity for developers ready to bring a vision to life, while investors will appreciate the long-term upside in a rapidly growing area. Adding even more value, the remaining lands are zoned Village Residential (VR), Village Commercial (VC), and Village Industrial (VIN) with a Holding provision, offering exceptional flexibility for future mixed-use development. Located within the Village Settlement Area on the Official Plan, this is precisely where growth is being directed, placing you ahead of the curve. The property also features a 24' x 40' three-car garage, a 42' x 60' barn, and a 16' x 40' storage building, supporting a wide range of agricultural or business uses. Lifestyle meets location with walking distance to Champlain Point and Cedar Point, and just minutes to Highway 12. Launch your boat and cruise through the Narrows into Lake Simcoe or Lake Couchiching, enjoying a true four-season playground right at your doorstep. Whether you're building, investing, or farming, this property invites big ideas and even bigger possibilities. Plant your vision, build your legacy, and watch opportunity grow, acre by acre.

All details23 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
5
Bathrooms
2
Kitchens
1
Rooms
9
Den / family room
Yes
Size
2000-2500 sq ft
Fireplace
Yes

Features

  • Generator - Full
  • Water Heater Owned
  • Water Softener

Heating & Cooling

Heat source
Gas

Parking

Covered spaces
2

Exterior & Lot

Exterior
Brick

Other structures

  • Barn

Utilities

Sewer
Septic

Taxes & Fees

HST
In Addition To

Listing

MLS® number
S13061400
Type
Farm
Transaction
For Sale
Neighbourhood
Atherley
Cross streets
Balsam/Courtland
Original price
$2,988,000
Co-listing brokerage
LACEBY REAL ESTATE LIMITED
Rooms · 2Washroom ×2
  • 2-piece washroom

    Ground

  • 3-piece washroom

    Second

History

Past listings and sales for this home and building.

Location

51 Balsam Road, Ramara, ON L3V 0K8 · Near Balsam/Courtland

Monthly cost

Estimated monthly cost

$12,344/mo

Mortgage
$11,946
Property tax
$398
Down payment$539,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$2,698,000

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