51 Balsam Road, Ramara, Ontario L3V 0K8

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 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. (id:27476)

Offering 53.80 acres of potential future development, this property currently features 27 lots zoned VR on a registered plan, ready for immediate development. The remaining land is currently zoned VR, VC, VIN-(H) and is part of Ramara's secondary Official Plan, consisting of 4 parcels totaling 53.80 acres.

The lots that are already registered can be developed without the need for further planning applications, although there would be a requirement for an agreement to build the road to municipal standards. The remaining lands are also slated for residential development, with the holding provisions (page 66 of Official Plan) to 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. It's important to note that part of the property is under LSRCA. Currently, the property is being used as a farm and features a 2500 sqft Farmhouse, 24'X 40' garage, 42' X 60' Barn, and 40' X 16' hay storage. Additionally, there are 2 wells on the property, as well as septic and natural gas.

This property, located at 51 BALSAM RD in the city of Ramara, Ontario, with the postal code L3V0K8, is situated in the community of Rural Ramara and is currently for sale. The land size is 53.80 Acres, falling within the range of 50 - 100 acres.