$2,698,000
↓ $290,000 from $2,988,000
Est. payment $11,946/moCalculate yours
51 Balsam Road, Ramara, ON L3V 0K8
Atherley, Ramara, ON L3V 0K8
- 2,000 Sq Ft
Listing courtesy of LACEBY REAL ESTATE LIMITED MLS® S13061400
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.
Property details
Overview
- Property Type
- Farm
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 100+
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 50-99.99 acres
- Parking
- Detached garage · 12 total
Financial
- Property Taxes
- $4,779 (2025)
Location
- Neighbourhood
- Atherley
- Cross Street
- Balsam/Courtland
- Direction Faces
- North
Listing
- MLS® Number
- S13061400
- Days on Market
- 171
- Listed On
- 2026-04-30
- Possession
- TBA
- Listed By
- LACEBY REAL ESTATE LIMITED
Features
Interior
- Generator - Full
- Water Heater Owned
- Water Softener
Property
- Beach
- Clear View
- Lake/Pond
- School Bus Route
Pool
- None
- Included
- all appliances, window coverings, electric light fixtures
Mortgage calculator
Estimated mortgage payment
$11,946 per month
- Principal and interest
- $11,946
- Property tax
- $398
- Condo fees
- $0
- Estimated monthly cost
- $12,344
Your mortgage
- Mortgage amount
- $2,158,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,425,448
Cash to close
- Down payment
- $539,600
- Land transfer tax
- $53,925
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $593,525
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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