$399,443
For sale: Vacant Land

Rare 55-Acre Investment or development opportunity. Located just West of Smiths Falls! The property consists of two parcels with frontage on both County Road 43 and Glenview Road, currently zoned residential, this property offers significant future development potential, with rezoning considered highly probable. An excellent opportunity for investors, developers, or entrepreneurs looking for a strategically located property with highway exposure and multiple access points. Imagine the possibilities - build your home, establish your business, hold for future development, or capitalize on the property's long-term growth potential. Just minutes west of Smiths Falls excellent access and highway exposure. Two parcels sold together as one property. Frontage on County Road 43 & Glenview Road Two entrances from County Road 43. Possible partial Vendor Take-Back (VTB) financing available to an approved buyer. Opportunities like this are becoming increasingly difficult to find. A large parcel, excellent location, highway exposure, and multiple potential uses make this a property worth serious consideration.
Sold data
Vacant Land homes in Drummond/North Elmsley took a median of 57 days to sell over the last 730 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 136, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.
The median sale price was $172,000.
Homes sold for about 15.1% below asking on average, so there was room to negotiate.
About 0% of sales closed above the list price.
Around 6% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$398,000
Vacant LandPT LOT 2 CON 4 MACKEY ROAD, 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd., Ottawa

$479,000
Vacant Land00 WILLIAM CAMPBELL ROAD, 902 - Montague Twp, Montague

$499,900
Vacant Land2315 KILCHURN TERRACE, 8005 - Manotick East to Manotick Station, Ottawa

$450,000
Vacant Land205 DRUMMOND CONCESSION 1 CONCESSION, 903 - Drummond/North Elmsley (North Elmsley) Twp, Drummond/North Elmsley

$316,500
Vacant Land783 KITLEY LINE 8 ROAD, 814 - Elizabethtown Kitley (Old K.) Twp, Elizabethtown-Kitley

$480,000
Vacant Land333 SHOREWAY DRIVE, 1601 - Greely, Ottawa

$574,900
Vacant Land5829 RED CASTLE RIDGE, 8005 - Manotick East to Manotick Station, Ottawa

$499,000
Vacant Land1310 CUMBERLAND RIDGE DRIVE, 1115 - Cumberland Ridge, Ottawa