$189,500

For sale

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00-Lot 1 Rideau Ferry Road, Drummond/North Elmsley - Vacant Land for Sale

00-Lot 1 Rideau Ferry Road, Drummond/North Elmsley, Ontario, K7H3C7

0 bathsListed 155 days ago

Overview

This lot in Drummond/North Elmsley is for sale.

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Description

Welcome this prime 2+acre parcel, positioned between the historic town of Perth and the recreational hub of Rideau Ferry. Boasting significant road frontage on a municipally maintained road, the level topography offers an optimal canvas for a custom residential build. The property features a shared entrance already established with the adjoining 2+-acre lot, which is also currently available for purchase, presenting a rare chance to acquire over 4 acres of land for enhanced privacy or a multi-family estate. Situated just minutes from the Rideau Waterway, the location provides effortless access to boating, fishing, and public boat launches while maintaining a peaceful rural setting. The lot is cleared with wooden fence at the perimeter, and mature trees planted separating the 2 lots balancing privacy with immediate build readiness. Hydro service is available at the road, simplifying the initial utility connection process. Residents will benefit from close proximity to Perth's full-service amenities, including regional health care, major retail, and schools, while enjoying the lower property taxes of Drummond/North Elmsley township. (id:66096)

Property Details

MLS®: X13229770
Property Type: Vacant Land
Zoning: Residential
Bathrooms: 0
Frontage: 418 ft
Property Tax: $354/yr
Listed: 155 days ago

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

155d

Drummond/North Elmsley listings, avg age

108d

List price

$190K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD · Jennifer Aunger-Ritchie

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7H)

This home lists at $189,500, about 2.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $37,016 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 16,175
Median age: 55.6
Owner / renter: 76% / 24%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K7H)

$189,500

For sale

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Financing

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