Gurvinder Nokwal REALTOR®
For Sale Vacant Land 138 days on market

$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

Minimum for this price: $100,000 (8%)

Amortization, years

Estimated mortgage payment

$5,535 per month

Principal and interest
$5,535
Property tax
$33
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
Total, before legal fees
$271,475
Talk to me about financing

Estimates 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

328 Wayside Drive, Drummond/North Elmsley, ON K7H 3C8 908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley, ON K7H 3C8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,250,000 328 Wayside Drive, Drummond/North Elmsley, ON K7H 3C8
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