2750 Fairgrounds Road, Ramara, ON L0K 2B0

$899,000
5
BD
1
BA
1,500
SqFt

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List Price
$899,000
MLS#
S13833926
Status
ACTIVE
Type
Land
SubType
Farm
Style
2-Storey
Bedrooms
5
Bathrooms
1
Living Area
1500-2000
Province
ON
Municipality
Ramara
Area
Simcoe
Neighborhood
Rural Ramara
Subdivision
Fairgrounds And Brooks Side Road

Property Description

Century farmhouse sitting on close to 190 acres, with over 1,100 ft of waterfront on the black river. Multiple storage outbuildings and passive rental income from a Rogers Tower from day one-this is a rural property with a lot to offer. TOP REASONS YOU'LL LOVE THIS PROPERTY. 1) NEARLY 190 ACRES TO MAKE YOUR OWN - Approximately 189.9 acres with roughly 40 acres of cleared pasture, plus mixed bush, trees and ponds. Farm, raise livestock, explore, or simply enjoy the privacy of a large rural property, all just minutes from Washago and approximately 15 minutes from Orillia.2) 1,100+ FEET OF BLACK RIVER WATERFRONT - Enjoy over 1,100 feet of frontage along the Black River, privately set toward the back of the property and accessible by ATV or on foot. Fish, paddle, explore or simply enjoy having your own stretch of waterfront.3) A PROPERTY ROOTED IN GENERATIONS OF FARMING - Held by the same family for generations, this property has a long agricultural history, including use for pasture and beef farming. Today, it offers approximately 40 acres of cleared pasture and multiple outbuildings, including a 52' x 33' barn, 52' x 32' machine shed, 32' x 33' storage shed and 31' x 20' detached garage. Bring back the farm, raise livestock or create the hobby farm you've been looking for.4) RENTAL INCOME FROM DAY ONE - An existing Rogers cell tower lease generates approximately $1,375/m(16,500/year), providing passive income that can help offset property taxes and ownership costs. The current 10-year lease has approximately five years remaining, providing an established income stream from day one.5) A FARMHOUSE READY FOR ITS NEXT CHAPTER - The approximately 1,900 sq. ft. century farmhouse offers four bedrooms, a main-floor bathroom and laundry, unfinished basement and a metal roof approximately 10 years old. The home requires updating, giving the next owner the opportunity to restore and improve it to suit their own vision. Call now for a private showing.

Additional Information

Taxes
$2,870
Water
Dug Well
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Family Room
Yes
Kitchens
1
Exterior
Aluminum Siding
Waterfront Type
Indirect
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
12
Parking Type
Available

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Listing courtesy of Royal LePage Quest.