$1,025,000
For sale: Vacant Land

Rare opportunity to acquire three neighbouring rural properties together, offering approximately 16.9 acres of combined land in Drummond/North Elmsley. Zoned RU - Rural, this unique offering provides substantial acreage, an existing warehouse/shop building and excellent versatility for buyers looking for space, investment potential or the opportunity to bring their own vision to life.The parcel at 205 Drummond Concession 1 features a substantial existing warehouse/shop with 5 garage doors, including one oversized door with approximately 13' high x 12' wide clearance, and approximately 16' ceiling height in the main shop area. The building also features natural gas service, heavy electrical service with a large commercial panel (approximately 400 amp service - to be verified), extensive breaker capacity and one washroom. The property is serviced by a holding tank only with no septic bed and includes two furnaces, one of which is currently not operational.The two additional neighbouring parcels offer approximately 7 acres and 4.9 acres, providing significant additional land and flexibility. Together, the three properties create a substantial rural landholding with the benefit of existing shop/warehouse space and room to explore a variety of potential uses, subject to zoning and applicable approvals.An exciting opportunity for investors, business owners, contractors or buyers seeking acreage with space for equipment, storage or future plans. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, future development potential, measurements, electrical service, servicing requirements, building condition and all applicable municipal approvals.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.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

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