Homula Realty Brokerage
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1854 Side Road 5 Road, Ramara, ON L0K 1B0

Vacant Land
$1,499,000
Property tax
$4,424 / year

Turnkey Sheep Farm with 98.5 Acres, Ample Water, and Building Permit-Ready for Your Dream Home. Escape to the countryside with this exceptionally functional 98.5-acre agricultural property. Perfect for the serious farmer or homesteader, this land offers the ideal balance of open pasture, infrastructure, and future building potential. Currently operating as a modern sheep farm, the property features approximately 30 acres of cleared, productive land currently growing high-quality alfalfa-rich hay. Enjoy peace of mind with two drilled wells and a third traditional dug well, ensuring abundant water for livestock, crops, and household use. The property also features two scenic ponds for additional water storage and wildlife. A private transformer with 400 amp service currently powers the barn with ample capacity left over to build your dream home and future outbuildings. 15,000 sq. ft. barn is built for modern efficiency, with concrete floor. Equipped with automatic weather-control curtains and specialized chimneys, it maintains optimal airflow and temperature for livestock year-round. The current sheep feeding equipment is available for purchase separately, making this a true turn-key operation for the incoming farmer. Whether you are looking to expand your farming operation, run a large flock, or simply enjoy the privacy of wide-open spaces, this land delivers. The barn can be re-purposed to other uses.

MLS number
S13614956
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0K 1B0
Photos
17
Laundry
Not in the unit
47days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Beaver River PS Public School
Durham DSB
Elementary498 m5.4 / 10
54% met the standard
Holy Family Catholic School
Durham CDSB
Elementary1.7 km5.7 / 10
57% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,189 people.

$93,000Median household income
74.4%Own their home
94.1%Detached houses
38.4Median age
14.3%Born outside Canada
9.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35180850 — the few blocks around this address, home to 1,189 people. It describes the area, not this property.

1,189Population
38.6Average age
2.8Household size
$95,600Average household income
$93,000Median household income
74%Own their home
26%Rent
0%Condominiums
14%Born outside Canada
10%University degree
$630,000Average home value
10%Low income
80%Not in the labour force
20%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over32%
$100,000 to $124,9998%
$125,000 to $149,9999%
$150,000 to $199,99911%
$200,000 and over4%

Percentages are of the 610 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$299,800 · minimum here is $124,900
$6,637.25per month
Borrowed before insurance$1,199,200
Total borrowed$1,199,200
Interest over 25 years at 4.5%$791,974

If you rented it out

-$7,005.91per month out of pocket
Rent$0.00
Everything it costs to hold$7,005.91
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE EXCELSIOR REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.