$549,900

For sale

5006 Highway 43, Drummond/North Elmsley - Single Family for Sale

5006 Highway 43, Drummond/North Elmsley, Ontario, K7H3C7

4 beds2 baths5 parking900 ft²Listed 12 days ago

Overview

This 4-bedroom, 2-bathroom home in Drummond/North Elmsley is for sale offering roughly 900 sq ft of space. Listed at $549,900, it is attractively priced about 21% below the $699,000 median asking price in Drummond/North Elmsley. It has been on the market 12 days, fresher than the Drummond/North Elmsley average of 108 days.

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Description

Welcome your family home to this charming raised bungalow in the picturesque village of Port Elmsley! Ideally situated midway between the beautiful towns of Perth & Smiths Falls, you'll enjoy convenient access to the Rideau Lakes system, with a public boat launch just metres away, Beveridge Locks just a 3 min drive & Rideau Ferry Beach/boat launch just a 7 minute drive, there are all kinds of adventures waiting for you! The bright, open-concept upper level is filled w/ natural light, with easy care hardwood & tile floors throughout! The charming country kitchen flows into the dining area w/ pretty bay window breakfast bar, while the spacious living room offers garden doors leading to the new deck (2024) - the perfect spot to relax, entertain & enjoy the outdoors! A convenient side entrance provides easy access from the driveway and leads to the fully finished lower level, offering incredible flexibility for growing families or multi-generational living. Enjoy a large recreation rm currently used as a home gym/office, two generously sized bedrooms w/ large windows, laundry/2pc bath + a bright workshop. With 4 bedrooms and 2baths, featuring 2 bedrooms/1bath on each level, this home offers excellent potential for an extended family or guest suite, where you could easily create separate entrances for added privacy. There's storage galore on both levels! The detached 18' x 24' garage is a fantastic surprise! Beyond its modest exterior, you'll find a beautifully finished interior w/ a striking checkerboard floor, insulation + electric baseboard heating. Perfect for entertaining friends, storing your treasured toys, tackling projects or creating an inspiring home office! Natural gas heat keeps things economical, while recent improvements include shingles (2020), natural gas furnace (2021), new windows/central air/well pump (2026). With space, versatility and an enviable location close to the water, this home has so much to offer! Make it yours today! Taxes are estimated. (id:66096)

Property Details

MLS®: X14112380
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 900 ft²
Frontage: 157 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 6.25 x 4.04 meters
Dining room: 2.83 x 4.55 meters
Kitchen: 2.96 x 3.9 meters
Foyer: 4.17 x 2.01 meters
Bedroom: 3.53 x 3.71 meters
Bathroom: 2.62 x 1.71 meters
Bedroom 2: 4.14 x 3.71 meters

Basement

Other: 1.58 x 3.56 meters
Other: 3.21 x 3.42 meters
Bathroom: 3.71 x 2.29 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Foundation: Concrete, Poured Concrete
Exterior: Vinyl siding
Lot Features: Level lot, Flat site

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Drummond/North Elmsley listings, avg age

108d

Price / ft²

$611

List price

$550K

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 4-bed single family in Drummond/North Elmsley has been listed for 12 days, which is 96 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 $549,900, about 6.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 31% 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)

$549,900· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$190/mo

Total monthly$3,073

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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