51 Balsam Rd

Ramara | Rural Ramara | L3V 0K8
  • 0
  • 0
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Ask: $5,980,000 $5,499,000

Est. Mtg $18,646 /mo
  • Days on market

    509

  • Status

    Ext

Listing Broker RE/MAX RIGHT MOVE
Since listed: 3 views

Home details

MLS #:

S6635194

Property type:
Vacant Land
Style:
Taxes:
$2,212
Possession:
TBA
Lot Front:
0.0   Acres
Lot Depth:
0.0   Acres
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


51 Balsam Rd, , Ramara, Ontario is a Vacant Land property in Ramara and in the Rural Ramara community in the L3V 0K8 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-07 2024-09 $5,980,000 $5,499,000 Ext S6635194

Comparables

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sold Date Address List Price sold Price DOM
2024-09 4079 Bayview Ave, $169,900 $140,000 88
2024-05 7853 Oakridge Dr, $425,000 $395,000 11
2024-05 8207 Rama Rd, $200,000 $200,000 16
2024-05 8213 Rama Rd, $250,000 $250,000 16
2023-06 6532 Pioneer Village Lane, $129,900 $100,500 39
2023-06 6532 Pioneer Village Lane, $129,900 $100,500 39
2023-06 2391 Lakeshore Dr, $300,000 $305,000 8
2023-03 6484 Rama Dalton Boundary Rd, $150,000 $120,000 94
2023-02 6638 Quarry Point Rd, $799,000 $800,000 12
2022-12 5425 Fawn Bay Rd, $250,000 $210,000 97
2022-08 1637 Ethel Dr, $199,999 $180,000 22
2022-08 1637 Ethel Dr, $199,999 $180,000 41
2022-03 5486 Fairvalley Rd, $249,000 $240,000 11
2022-02 4165 Concession 12 Rd, $1,300,000 $1,275,000 85
2022-01 1343 Monck Rd, $199,000 $160,000 100

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Ramara :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 51 Balsam Rd

Based on available 3rd party data

$18965

Approximate costs per month

Mortgage
$18646 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$184 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX RIGHT MOVE
Data Source: TRREB

Payment calculator

$18830 monthly. In association with: TD Bank
%
  • Principal and Interest
    18646 /mo
  • Property Taxes
    $184 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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