16904 HIGHWAY 7 Highway, Drummond/North Elmsley, ON K7H 3C8

For Sale 1 day on Market MLS® X12091123

Asking Price

$1,595,000

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16904 HIGHWAY 7 Highway, Drummond/North Elmsley, ON K7H 3C8

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Overview

Active

Here's an opportunity to develop a mixed use residential (zoned R4) property just 1 km east of the town of Perth. Take advantage of all the amenities Perth has to offer by building immediately next to its neighbouring township. This 15.594 acre lot currently established with a multi-residential 6 unit and 2 single dwelling properties fronting the highway and are being sold "where-is, as-is" ready for your development plans -the brown bungalow fronting the highway is perfect for a site office along with a steel shed with a garage door for equipment storage.. The second parcel at 16918 is single dwelling is also being sold "as-is, where-is" and measures .442acres. The land is level and dry, there is no surface water on the property. There is also an older environmental study for the 16904 parcel which indicated the property as clean. 24 Hrs. irrevocable please. *** All persons wishing to access to the property must be be accompanied by a Realtor ***

Bedrooms

Bathrooms

6.0

Area

350 sqft

Lot Size

6.0 acres

Type

Multiplex

Water

Drilled Well

Property Details

Year BuiltNot Disclosed

CityDrummond/North Elmsley

Postal CodeK7H3C8

Lot Dimensions228.05 × 1147.00 ft

Interior Features

Heat: Forced Air

Heat Source: Propane

Cooling: None

Style: 2-Storey

Exterior & Land

Sewer: Septic

Construction: Aluminum Siding

Roof: Unknown

Utilities & Services

Heat SourcePropane

Water SourceDrilled Well

SewerSeptic

Financial Information

List Price$1,595,000

Annual Taxes$3,232 (2024)

Days on Market1

MLS® X12091123 • Listed by ROYAL LEPAGE TEAM REALTY

16904 HIGHWAY 7 Highway, Drummond/North Elmsley, ON K7H 3C8

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Purchase Calculator

Home Price

$1,595,000.00

Location

Down Payment

$334,950.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

16904 HIGHWAY 7 Highway, Drummond/North Elmsley, ON K7H 3C8

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