$144,900

$154,900For salePrice drop↓ $10,000 (6%)

Book a showing

1221 Drummond Concession 1 Road, Drummond/North Elmsley - Vacant Land for Sale

1221 Drummond Concession 1 Road, Drummond/North Elmsley, Ontario, K7H3C3

0 baths339 × 153 ft (1.19 acres) lotListed 106 days ago

Overview

This lot in Drummond/North Elmsley is for sale.

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

Description

Set in one of Drummond/North Elmsley's most sought-after rural areas, this 1.298-acre property offers an exciting opportunity to build just six minutes from Perth. Peacefully positioned away from the road and overlooking neighbouring farm fields, the setting provides the space and scenery of country living while keeping town amenities remarkably close. Formerly developed with a residence, the property now offers an established homesite with a capped well and existing septic system, providing a valuable starting point for future plans. With room to consider a custom home, garage, gardens and outdoor living spaces, this is a rare opportunity to create something entirely your own in a beautiful and well-established rural location. Buyers to complete their own due diligence regarding zoning, building requirements, development costs and the condition and future use of the well and septic system. (id:66096)

Property Details

MLS®: X13586626
Property Type: Vacant Land
Zoning: Rural
Bathrooms: 0
Lot Size: 339 × 153 ft (1.19 acres)
Frontage: 339 ft
Property Tax: $793.36/yr
Listed: 106 days ago

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

106d

Drummond/North Elmsley listings, avg age

107d

List price

$145K

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 106 days, which is 1 days fresher than the city average of 107. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX AFFILIATES MARQUIS · Holly Kinch

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7H)

This home lists at $144,900, about 1.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $28,304 (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)

$144,900

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 →