$649,900

For sale

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00 DRUMMOND Road, Mississippi Mills - Vacant Land for Sale

00 DRUMMOND Road, Mississippi Mills, Ontario, K0A1A0

0 baths0 parking1680 × 2011 ft (77.55 acres) lotListed 1184 days ago

Overview

This lot in Mississippi Mills is for sale.

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Description

Situated just 5 minutes north of Carleton Place, this picturesque lot spans 91.6 acres of agricultural land with easy road access From Drummond Road and Ramsay Concession Road 8. \r\n\r\nIntended to be farmed or used for agricultural purposes only - farm the land yourself, or lease to a neighbouring farmer (currently leased at $4,300 for 2024).\r\n\r\nA severance application is in progress and this parcel will receive its own PIN, Roll Number, and Legal Description once it is complete. A severance application is in progress and this parcel will receive its own PIN, Roll Number, and Legal Description once it is complete. A condition of the severance will require the lands to be re-zoned to prohibit the construction of a dwelling. The lands can be used for agricultural purposes. Agricultural buildings are permitted, subject to complying with all municipal and provincial policies for setbacks, lot coverage, minimum distance separation to nearby residential uses, etc. Please call for more info. (id:66096)

Property Details

MLS®: X9462129
Property Type: Vacant Land
Zoning: Agricultural
Bathrooms: 0
Parking: 0
Lot Size: 1680 × 2011 ft (77.55 acres)
Frontage: 1,680 ft
Basement: Unknown, Unknown, Unknown
Heating: Not known
Cooling: Unknown
Listed: 1184 days ago

Features

Lot Features: Wooded area

Services

Water: Unknown
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

1184d

Mississippi Mills listings, avg age

104d

List price

$650K

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Listed by REAL BROKER ONTARIO LTD. · Kevin Cosgrove

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $649,900, about 5.7× the local median household income of $115,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$649,900

For sale

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