Rare 55-Acre Investment or development opportunity. Located just West of Smiths Falls! The property consists of two parcels with frontage on both County Road 43 and Glenview Road, currently zoned residential, this property offers significant future development potential, with rezoning considered highly probable. An excellent opportunity for investors, developers, or entrepreneurs looking for a strategically located property with highway exposure and multiple access points. Imagine the possibilities - build your home, establish your business, hold for future development, or capitalize on the property's long-term growth potential. Just minutes west of Smiths Falls excellent access and highway exposure. Two parcels sold together as one property. Frontage on County Road 43 & Glenview Road Two entrances from County Road 43. Possible partial Vendor Take-Back (VTB) financing available to an approved buyer. Opportunities like this are becoming increasingly difficult to find. A large parcel, excellent location, highway exposure, and multiple potential uses make this a property worth serious consideration. (id:28469)
Facts & features
Property
MLS® Number
X13774534
Property Type
Vacant Land
Community Name
903 - Drummond/North Elmsley (North Elmsley) Twp
Features
Wooded Area, Partially Cleared
Land
Acreage
No
Size Depth
886 Ft
Size Frontage
1185 Ft
Size Irregular
1185 X 886 Ft ; Irregular
Size Total Text
1185 X 886 Ft ; Irregular|1/2 - 1.99 Acres
Zoning Description
Residential
Utilities
Electricity
Available
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$1,769/mo
Ontario land transfer tax
$4,467 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.
The Drummond/North Elmsley (North Elmsley) Twp market