$1,099,900
Drummond/North Elmsley
103 Mcveety Road, Drummond/North Elmsley, Ontario, K7H3C7
This 4-bedroom, 3-bathroom home in Drummond/North Elmsley is for sale.
Life on the magnificent Big Rideau Lake! This exceptional four-season waterfront property offers the perfect blend of lakeside luxury, recreation, investment potential, and family living. Set on an pristine shoreline with crystal-clear water and breathtaking lake views, this is the waterfront lifestyle you've been waiting for. Whether you're boating, swimming, fishing, waterskiing, or simply relaxing by the water, you'll love the expansive dock that provides endless opportunities to enjoy one of Eastern Ontario's most desirable lakes. Adding even more value is the impressive 26' x 38' dry boathouse, currently serving as the ultimate party shed and lakeside gathering space, with exciting potential for a guest cottage, in-law suite, studio, or additional accommodation (subject to approvals). The bright and welcoming main residence is designed for year-round enjoyment. Featuring four bedrooms-two on the main level and two on the lower level-this spacious home offers flexibility for families of all sizes. The open-concept main floor showcases beautiful hardwood flooring, abundant natural light, and stunning waterfront views. The living, dining, and kitchen areas flow seamlessly together and open onto a raised deck overlooking the lake, creating the perfect setting for entertaining friends and family. Comfort is assured throughout the seasons with electric baseboard heating, a ductless heat pump, a cozy pellet stove on the main level, and a wood-burning stove in the lower level. The fully finished lower level includes a second kitchen and separate entrance, presenting an excellent opportunity for multi-generational living, guest accommodations, or potential rental income. Outside, the fun continues with beautifully maintained grounds, a hot tub, and an above-ground pool, creating your own private waterfront retreat. Whether you're searching for a full-time residence, family cottage, investment opportunity, come experience everything this waterfront property has to offer. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 140 days on market, against an average age of 108 days across the listings currently for sale in this city
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.
This 4-bed single family in Drummond/North Elmsley is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,099,900, about 13.4× the local median household income of $82,000.
Carrying it typically needs a household income of about $214,849 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.