Opportunity awaits at 205 Drummond Concession 1. Situated on approximately 5 acres and zoned RU - Rural, this property features an existing warehouse/shop building offering substantial space and versatility for a variety of potential uses. The building includes 5 garage doors, including one oversized door with approximately 13' high x 12' wide clearance, along with an approximately 16' ceiling height in the main shop area. Additional features include 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. The building is equipped with two furnaces, one of which is currently not operational. Some drywall repairs are required and some mould is present. A unique opportunity for buyers seeking acreage combined with substantial existing shop or warehouse space. Two additional neighbouring properties are also available for sale, offering the opportunity to purchase this property individually or acquire all three properties together. Buyers to conduct their own due diligence regarding zoning, permitted uses, measurements, electrical service, building condition and servicing. Property and building are being sold AS IS, WHERE IS. (id:28469)
Facts & features
Property
MLS® Number
X13735582
Property Type
Vacant Land
Community Name
903 - Drummond/North Elmsley (North Elmsley) Twp
Building
Heating Fuel
Natural Gas
Land
Acreage
Yes
Size Frontage
350 Ft
Size Irregular
350 Ft
Size Total Text
350 Ft|5 - 9.99 Acres
Zoning Description
Ru
Utilities
Cable
Available
Electricity
Installed
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
$1,993/mo
Ontario land transfer tax
$5,475 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