$1,250,000
Est. payment $5,535/moCalculate yours
328 Wayside Drive, Drummond/North Elmsley, ON K7H 3C8
908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley, ON K7H 3C8
Listing courtesy of CENTURY 21 SYNERGY REALTY INC. MLS® X13227634
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 189.55 x 2179.04 Feet
Financial
- Property Taxes
- $398 (2025)
Location
- Neighbourhood
- 908 - Drummond N Elmsley (Drummond) Twp
- Cross Street
- Wayside Drive & Highway 7
- Direction Faces
- West
Listing
- MLS® Number
- X13227634
- Days on Market
- 138
- Listed On
- 2026-06-02
- Possession
- To Be Determined
- Listed By
- CENTURY 21 SYNERGY REALTY INC.
Features
- Included
- N/A
- Excluded
- N/A
- Rental items
- N/A
Mortgage calculator
Estimated mortgage payment
$5,535 per month
- Principal and interest
- $5,535
- Property tax
- $33
- Condo fees
- $0
- Estimated monthly cost
- $5,568
Your mortgage
- Mortgage amount
- $1,000,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $660,419
Cash to close
- Down payment
- $250,000
- Land transfer tax
- $21,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $271,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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