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For saleListed 131 days agoMLS® X13227634

328 Wayside Drive, Drummond/North Elmsley, ON

908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley · View map

$1,250,000
Vacant LandType
50.31 acresLot
$398/yrTaxes
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$1,250,000

About this property

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.

The property

Type
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Waterfront

Waterfront
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Exposure
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Lot & taxes

Acreage
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Taxes
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Location

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Listing

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Listed
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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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328 Wayside Drive, Drummond/North Elmsley, ON

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Listing courtesy of CENTURY 21 SYNERGY REALTY INC.. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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