121 × 391 ft (1.08 acres) lot

Overview

This lot in Ramara is for sale. It has been on the market 9 days, fresher than the Ramara average of 79 days.

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Description

An opportunity to own approximately 1.16 acres in Ramara, just minutes from Casino Rama and a short drive to Orillia. Located at 5658 Willison Sideroad, this property offers approximately 121 feet of road frontage and nearly 400 feet of depth, providing plenty of space and potential for the right buyer.The property is currently zoned Destination Commercial, Transfer Road, with a Holding Provision (DC-TR (H)). Under the existing holding provisions, a single-detached dwelling is identified as a permitted use, subject to applicable zoning requirements and municipal approvals.An existing structure on the property is in poor condition and is being sold in its current, as-is condition. Buyers should anticipate significant improvements or potential demolition, subject to necessary approvals.Whether you're exploring a future residential opportunity or considering the property's longer-term potential, this is a chance to secure over an acre of land in a convenient location near Casino Rama. Buyers are responsible for completing their own due diligence regarding zoning, permitted uses, building eligibility, existing structures, servicing and all required approvals. (id:66096)

Property Details

MLS®: S14117072
Property Type: Vacant Land
Zoning: DC-TR (H)
Bathrooms: 0
Lot Size: 121 × 391 ft (1.08 acres)
Frontage: 121 ft
Property Tax: $900.29/yr
Listed: 9 days ago

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ramara listings, avg age

79d

List price

$319K

Haho

This vacant land in Ramara has been listed for 9 days, which is 70 days fresher than the city average of 79. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD. · JOSH BUCHANAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $319,000, about 4.1× the local median household income of $77,500.

Carrying it typically needs a household income of about $62,312 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$319,000

For sale

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Financing

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5658 Willison Sideroad, Ramara - Vacant Land for Sale