For Sale Vacant Land

328 Wayside Drive

$1,250,000 Est. $5,535/mo ↓

Drummond/north Elmsley, Ontario K7H 3C8

189.55 X 2179.04 Ft, 50 - 100 Acres Lot size
84 days ago Listed

About this home

Approximately 50 acres of prime development land in the growing municipality of Drummond/North Elmsley, just minutes from the historic town of Perth. Conveniently located within easy reach of Ottawa, Smiths Falls, and key highway routes, this is a rare opportunity for developers and investors looking to capitalize on the continued shift toward lifestyle-focused rural communities. This exceptional property offers exciting potential for a rural estate lot subdivision, with a preliminary concept envisioning approximately 22 residential lots averaging 1.7 acres each. Surrounded by natural beauty and offering the perfect balance of privacy and convenience, the land is ideally suited for the growing demand for executive country living in Eastern Ontario. . With picturesque surroundings and strong long-term growth potential in one of the region's most sought-after rural markets, this property presents an outstanding opportunity for builders, developers, investors, or land banking portfolios seeking scale, location, and future value. Buyer to complete their own due diligence regarding development approvals, servicing, zoning, and subdivision potential. (id:28469)

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Facts & features

Property

MLS® Number
X13227634
Property Type
Vacant Land
Community Name
908 - Drummond N Elmsley (Drummond) Twp

Land

Acreage
Yes
Size Depth
2179 Ft
Size Frontage
189 Ft ,6 In
Size Irregular
189.55 X 2179.04 Ft
Size Total Text
189.55 X 2179.04 Ft|50 - 100 Acres

Utilities

Cable
Available
Electricity
Available

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

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
$5,535/mo
Ontario land transfer tax
$21,475 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 N Elmsley (Drummond) Twp market

56 Active listings
$549,450 Median asking price
128% above median This home
35 days Avg. time on market
Browse all Drummond N Elmsley (Drummond) Twp listings →

Location

328 Wayside Drive, Drummond/north Elmsley, Ontario K7H 3C8  ·  Get directions

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