Was listed for:Expired Nov 15, 2025
$2,490,000

2492 Highway 24

Ramara (Rural Ramara), ON N3Y 4K3

Detached Bungalow ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 2492 Highway 24, Ramara, Rural Ramara

2024-06-14
2025-11-15
Expired
Price
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MLS#
xh4197376

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2492 Highway 24, Ramara, Rural Ramara

Discover 12.3 acres of flat land with approx. 560 ft of frontage on one of the busiest stretches of Highway 24, Simcoe’s prime commercial corridor. Only 4–5 minutes from downtown, less than an hour to Hamilton, and two hours to Toronto, this location offers access to over 150 million consumers—ideal for fresh produce distribution across North America. The property includes a 171,000 sq. ft. greenhouse facility (primarily poly with partial glass), featuring 14–16 ft gutter heights, roof venting, and full shading. A solid red brick house is also on-site—perfect for vegetable or flower production, a garden center, or convenient live/work use. Please note: the property requires some repair and renovation and will be sold "as is.” Invest today and benefit from strong land value growth and development potential in the years ahead. Vendor Take-Back Mortgage and Lease-to-Own options available.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,500
Land Transfer Tax Fee
$48,725

Basement Type
Full, Unfinished

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Bungalow

Construction

Exterior Finish
Brick

Parking & Garages

Parking Spaces
12
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Type
Forced Air, Natural Gas

Area
Norfolk
Municipality
Ramara
Neighbourhood
Rural Ramara

MLS® number
XH4197376
Data source
MLS
Status change
2025-11-15
Listed on
2024-06-14
Days on market
519 days
Possession type
Vacant
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 2492 Highway 24, Ramara, Rural Ramara, Ramara, ON. Listed for $2,490,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2492 Highway 24, Ramara, Rural Ramara

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Ramara, ON
Minimum Down Payment Required:20.0%

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Minimum down payment

$498,000

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=Total mortgage
$1,992,000$1,867,500$1,743,000$1,618,500
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=Mortgage payment
$9,726monthly$9,118monthly$8,510monthly$7,902monthly
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Land Transfer Tax

Provincial

$48,725

Total Land Transfer Tax

$48,725

Around this home

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Brechin

Public·elementary·2.3km

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