$ 2,698,000

51 Balsam Road, Ramara

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. (id:1945)
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Property details for 51 Balsam Road, Ramara

Type
Farm and Ranch
Bedrooms
5
Bathrooms
2
Lot Size
.
Stories
2
Basement
Unfinished, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
None
Exterior
Brick
Annual Taxes
$4,779

Nearby Listings Stat

Estimated price and comparable properties near 51 Balsam Road

Active Listings
1
Min Price
$2,698,000
Max Price
$2,698,000
Avg Price
$2,698,000
Days on Market
159
days
Sold Listings
1
Min Sold Price
$739,900
Max Sold Price
$739,900
Avg Sold Price
$739,900
Days until Sold
11
days

Neighbourhood Census Data

Ramara, Ontario

Population
964
Median Age
51.4
Median Income
$37,581
Dwelling Value
$364,821

Housing Tenure

Owners 92%
Renters 8%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 143.6/km²
Avg Shelter Cost: $1,360/mo
Owners with Mortgage: 67.6%
Owners Spending 30%+: 20.6%
Tenants Spending 30%+: 0%
English only: 95.3%
English and French: 4.7%
Median Household Income: $86,272
Median Employment Income: $32,981

Price History

Listed
April 30, 2026
by LACEBY REAL ESTATE LIMITED
Current Price
$2,698,000
-9.7% from last change
Type
Farm and Ranch
For Sale
Price Changes
1
Date Price Change
Current $2,698,000 $290,000 (-9.7%)
Sep 29, 2026 $2,988,000 Listed

Contact Agent Get in touch about 51 Balsam Road, Ramara

JEFFREY W LACEBY
JEFFREY W LACEBY
LACEBY REAL ESTATE LIMITED

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