51 Balsam Road
Ramara, ON
- 5 bed
- 2 bath
- approx. 2000-2500 sqft
- Farm
- 126 days on market
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.
Listing Details
- Taxes (2025)
- $4,779
- Listed
- April 30, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Interior
- Generator - Full, Water Heater Owned, Water Softener
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 12
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Balsam/Courtland
- Parcel Number
- 586900181
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- all appliances, window coverings, electric light fixtures
Schools
Elementary
- St Bernard's Separate School2.7 km
Catholic · Simcoe Muskoka CDSB · 240 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Regent Park Public School2.9 km
Public · Simcoe County DSB · 465 students
Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Uptergrove Public School4.6 km
Public · Simcoe County DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 24% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3V
- Population
- 48,651
- Private dwellings
- 22,293
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Ramara · last 12 months
- Median sold price
- $675,000
- Homes sold
- 180
- Median days on market
- 30
- Sale-to-list price
- 95.1%
Based on 180 recorded sales of residential freehold properties in Ramara over the last 12 months.
Listed by
LACEBY REAL ESTATE LIMITED
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Location
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Mortgage Calculator
$597,600
Estimated Monthly Payment
$14,679
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,679/mo (20% down, 5.5%)
Taxes: $398/mo · Insurance: $747/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?