Description

Location is everything, and this 1.59 acre lot on a quiet road approximately 20 minutes to Carleton Place, 10 minutes to Perth and an easy drive to Ottawa, is perfectly situated surrounded by the beauty of farmland and lovely neighbouring homes. Natural privacy with bush at the front, then opens up towards the back. Buyers must be accompanied by a Realtor to walk the lot. Hydro across the road. Draft plan available. (id:66096)

Market Timing

Days on market

90d

Drummond/North Elmsley listings, avg age

108d

List price

$148K

Homes here sell slower than most markets

Sold homes in this market spent an average of 64 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Drummond/North Elmsley has been listed for 90 days, which is 18 days fresher than the city average of 108. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $148,000, about 1.6× the local median household income of $94,000.

Carrying it typically needs a household income of about $28,910 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$148,000

For sale

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Financing

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0 Drummond Concession 9A Corners, Drummond/North Elmsley - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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