Rare opportunity to acquire three neighbouring rural properties together, offering approximately 16.9 acres of combined land in Drummond/North Elmsley. Zoned RU - Rural, this unique offering provides substantial acreage, an existing warehouse/shop building and excellent versatility for buyers looking for space, investment potential or the opportunity to bring their own vision to life.The parcel at 205 Drummond Concession 1 features a substantial existing warehouse/shop with 5 garage doors, including one oversized door with approximately 13' high x 12' wide clearance, and approximately 16' ceiling height in the main shop area. The building also features natural gas service, heavy electrical service with a large commercial panel (approximately 400 amp service - to be verified), extensive breaker capacity and one washroom. The property is serviced by a holding tank only with no septic bed and includes two furnaces, one of which is currently not operational.The two additional neighbouring parcels offer approximately 7 acres and 4.9 acres, providing significant additional land and flexibility. Together, the three properties create a substantial rural landholding with the benefit of existing shop/warehouse space and room to explore a variety of potential uses, subject to zoning and applicable approvals.An exciting opportunity for investors, business owners, contractors or buyers seeking acreage with space for equipment, storage or future plans. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, future development potential, measurements, electrical service, servicing requirements, building condition and all applicable municipal approvals. (id:28469)
Facts & features
Property
MLS® Number
X13735590
Property Type
Vacant Land
Community Name
903 - Drummond/North Elmsley (North Elmsley) Twp
Land
Acreage
Yes
Size Irregular
.
Size Total Text
.|10 - 24.99 Acres
Utilities
Cable
Available
Electricity
Available
Sewer
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
$4,538/mo
Ontario land transfer tax
$16,975 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