Overview

This lot in Drummond/North Elmsley is for sale. It has been on the market 0 days, fresher than the Drummond/North Elmsley average of 107 days.

Land for Sale in Drummond/North Elmsley →All real estate in Drummond/North Elmsley →

Description

Space, exposure, and options on one parcel.This 9.05-acre lot sits along the Trans-Canada Highway (Hwy 7) with additional frontage on Pauls Road. It's just 13 minutes to Perth and 17 minutes to Carleton Place, with Ottawa within commuting distance. A safe turning lane on Highway 7 makes for easy access to Pauls Road.The property is a deep rectangle of mature mixed forest, offering privacy and plenty of room to choose your building site. The land is dry, and hydro is accessible. You're just minutes from the Mississippi River, with the Innisville gas station only a 2-minute drive away.Build your dream country home, or take advantage of the Highway 7 exposure and explore the potential for commercial use, subject to municipal approval. Buyers should confirm zoning and permitted uses. (id:66096)

Market Timing

Days on market

Drummond/North Elmsley listings, avg age

107d

List price

$350K

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 0 days, which is 107 days fresher than the city average of 107. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (K7H)

This home lists at $350,000, about 4.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $68,367 (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)

$350,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

00 Pauls Road East, Drummond/North Elmsley - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K7H)

Book a showing

Need a commercial mortgage?