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For saleMLS® S13061400

51 Balsam Road, Ramara, ON L3V 0K8

Atherley · L3V 0K8

$2,698,000

$1,349 / sq ft

6 months on market

Bedrooms
5
Bathrooms
2
Interior
2,000 sf
Parking
12
0
Age
100+ years

What's special

  • Detached garage
  • Finished basement
  • Fireplace
  • Generator - full
  • Water heater owned
  • Water softener

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About this property

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.

Features

  • Generator - Full
  • Water Heater Owned
  • Water Softener

Property details

Property

Property type
vacant land
Bedrooms
5
Bathrooms
2
Interior size
2,000 sq ft
Year built
100+
Possession
TBA

Interior

Basement
Unfinished
Heating
Forced Air · Gas
Fireplaces
1
Exposure
North

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
12
Water
Drilled Well
Sewer
Septic

Costs

List price
$2,698,000
Property taxes
$4,779 / year (2025)
Price per sq ft
$1,349

Listing

MLS® number
S13061400
Status
For sale
Listed
April 30, 2026
Days on market
189
Last updated
September 29, 2026
Listing brokerage
LACEBY REAL ESTATE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 88% of comparable vacant land listings in Ramara are asking less.

$170KMedian $425K$2.66M
This home
$1,349 / sq ft
Comparable median
$95 / sq ft

Based on 43 comparable active vacant land listings in Ramara. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $539,600
$539,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,934.16
Property tax (est.)
$398.22
Estimated monthly
$12,332

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$53,925
Total due on closing
$53,925

An estimate on the asking price of $2,698,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LACEBY REAL ESTATE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,698,000

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