2750 Fairgrounds Road Ramara, Ontario L0K 2B0

$899,000

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. (id:13139)

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https://www.realtor.ca/real-estate/30334196/2750-fairgrounds-road-ramara-rural-ramara