Salehian.com 647-325-5000

51 Balsam Road

Atherley, Ramara, L3V 0K8

$2,698,000

Reduced $290,000 from $2,988,000

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  • 5 bedrooms
  • 2 bathrooms
  • 12 parking
  • 2000-2500 sq ft

Listed 173 days ago · 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.

Details

Type
Farm
Style
2-Storey
Age
100+ years
Size
2000-2500 sq ft
Basement
Unfinished
Garage
Detached
Kitchens
1
Property tax
$4,779 (2025)
Neighbourhood
Atherley
Municipality
Ramara

Interior

Bedrooms
5 above ground
Bathrooms
1 × 2-piece (ground), 1 × 3-piece (second)
Rooms
9 above ground
Family room or den
Yes
Fireplace
Yes
Features
Generator - Full, Water Heater Owned, Water Softener

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Septic

Building and exterior

Style
2-Storey
Exterior
Brick
Age
100+
Faces
North
Outdoor
Barn

Parking

Garage spaces
2
Total parking
12

Lot

Acreage
50-99.99

More

Possession
TBA
Nearby
Beach, Clear View, Lake/Pond, School Bus Route
Cross street
Balsam/Courtland

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 1 cafés and restaurants, 1 park. Nearest park: Atherley Community Park (350 m).

Who lives here postal area L3V

Owners / renters
70% / 30%
Median household income
$77,500
Average age
46
Children under 15
14%
Homes
67% detached, 5% high-rise
Commute by transit
2%
Population
48,651

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 0.2%, Mandarin 0.2%, Yue (Cantonese) 0.2%, Gujarati 0.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Orillia (Ramara) (OPP): 40 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by LACEBY REAL ESTATE LIMITED.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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