Situated on just under a quarter of an acre, this property offers an excellent opportunity for buyers looking to build in a charming village setting. Conveniently located between Perth and Carleton Place, with easy access to Highway 7 and just a short distance from the Mississippi River and Mississippi Lake. The existing structure is in poor condition, and the property is being marketed primarily for its land value, offering a great opportunity for those looking to start fresh. Enjoy small-town charm while remaining close to shopping, restaurants, and everyday amenities. An affordable opportunity to secure a piece of land in a desirable location. Buyers are encouraged to complete their own due diligence regarding zoning, demolition, servicing, and building possibilities. (id:28469)
Facts & features
Property
MLS® Number
X14134552
Property Type
Single Family
Community Name
908 - Drummond N Elmsley (Drummond) Twp
Ownership
Freehold
Parking Space Total
5
Water Front Name
Mississippi Lake
Building
Bathroom Total
1
Bedrooms Above Ground
2
Bedrooms Total
2
Architectural Style
Bungalow
Basement Development
Other, See Remarks
Basement Type
N/a (other, See Remarks)
Construction Style Attachment
Detached
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
1
Size Interior
700 - 1,100 Sqft
Type
House
Utility Water
Unknown
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Septic System
Size Depth
77 Ft
Size Frontage
124 Ft
Size Irregular
124 X 77 Ft
Size Total Text
124 X 77 Ft
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
$837/mo
Ontario land transfer tax
$1,615 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $1,615 back on land transfer tax.