$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
Homes in Drummond North Elmsley North Elmsley Twp took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 85, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $589,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 48 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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