$524,900

For sale

2498 Rideau Ferry Road, Drummond/North Elmsley - Single Family for Sale

2498 Rideau Ferry Road, Drummond/North Elmsley, Ontario, K7H3C7

3 beds1 bath5 parking900 ft²100 × 150 ft (15,000 sq ft) lot sizeListed 8 days ago

Overview

This 3-bedroom, 1-bathroom home in Drummond/North Elmsley is for sale offering roughly 900 sq ft of space. Listed at $524,900, it is attractively priced about 25% below the $699,000 median asking price in Drummond/North Elmsley. It has been on the market 8 days, fresher than the Drummond/North Elmsley average of 108 days.

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Description

Welcome to 2498 Rideau Ferry Road! This charming bungalow is ideally situated just 3 km from beautiful Heritage Perth & centrally located within an hour's drive of Ottawa, Kingston & Brockville! Offering the perfect blend of country living & convenience to town, this move-in-ready 3-bedroom/1-bath home is ideal for first-time buyers, growing families or downsizers/retirees seeking a relaxed lifestyle w/recreation nearby! You'll love the expansive front deck, with plenty of space for outdoor entertaining, or to simply relax & savor the sunsets. As you enter the foyer, you'll be welcomed by the sun-drenched living room w/pretty picture window, the perfect place to gather after a lovely meal in the adjacent dining area. Patio doors invite you onto the large rear deck - ideal for hosting family BBQ's! Enjoy easy one-level living if desired, however, the mostly finished lower level adds excellent versatility. Warmed by a gas stove, this space is perfect for family gatherings, home office/hobbies or home gym + laundry & ample storage. There is exciting potential to adapt this space for a private guest suite or to accommodate multi-gen living - the attached one-car garage offers handy access to both the upper & lower levels. Outside, enjoy the mature oversized lot with a big grassy yard for family fun, pets to run & endless possibilities to create the backyard oasis of your dreams! Outdoor enthusiasts will love being just 7 km from Rideau Ferry Beach/Boat Launch, 8 km from Beveridge Locks, 14 km from Murphy's Point Prov Park & so much more! There's plenty of outdoor parking including ample space to store your RV, boat or trailer ready for the next adventure! Get ready to enjoy boating, swimming, hiking & exploring the Rideau Lakes area, all minutes from Perth's charming shops, restaurants, schools, parks & amenities. A wonderful opportunity to enjoy comfortable living, flexible space & a commuter-friendly location where small-town charm & outdoor adventure come together! (id:66096)

Property Details

MLS®: X14125956
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Fireplace: Yes

Rooms

Main level

Living room: 5.7 x 3.91 meters
Kitchen: 3.82 x 2.58 meters
Dining room: 2.67 x 3.2 meters
Bathroom: 1.73 x 3.1 meters
Primary Bedroom: 3.87 x 3.1 meters
Bedroom 2: 3.56 x 3.38 meters
Bedroom 3: 2.76 x 3.78 meters

Basement

Other: 2.36 x 1.63 meters
Recreational, Games room: 8.8 x 6.83 meters
Utility room: 4.17 x 2.68 meters

Features

Appliances: Washer, Refrigerator, Water purifier, Dishwasher, Stove, Dryer, Water Treatment
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size, Lane, Carpet Free, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Drummond/North Elmsley listings, avg age

108d

Price / ft²

$583

List price

$525K

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 3-bed single family in Drummond/North Elmsley has been listed for 8 days, which is 100 days fresher than the city average of 108. Act while there is still low competition.

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Listed by RE/MAX FRONTLINE REALTY · Jennifer Glazier

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7H)

This home lists at $524,900, about 6.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $102,531 (20% down, 25-yr amortization, stress-tested) — roughly 25% above 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)

$524,900· $583/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,490

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$162/mo

Total monthly$2,919

Cash Needed to Close

Down payment (5.24%)$27,490

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,538

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