All photos · 26

Atherley

51 Balsam Road, Ramara, ON L3V 0K8

$2,988,000

Beds

n/a

Baths

n/a

Type

Commercial

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.

Heating

  • · Gas Forced Air Open

Cooling

  • · No

What it could cost monthly

Estimated monthly

$13,683

Principal & interest, per month


Mortgage amount
$2,390,400
Down payment
$597,600
Total interest paid
$1,714,541

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

LACEBY REAL ESTATE LIMITED

Each office independently owned and operated.