16904 HIGHWAY 7 HIGHWAY, Drummond/North Elmsley
$1,595,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 12 bedrooms, 6 bathrooms
- Living area
- 699 sqft
- MLS®
- MLS® X12091123
- Neighbourhood
- 908 - Drummond N Elmsley (Drummond) Twp
Here's an opportunity to develop a mixed use residential (zoned R4) property just 1 km east of the town of Perth. Take advantage of all the amenities Perth has to offer by building immediately next to its neighbouring township. This 15.594 acre lot currently established with a multi-residential 6 unit and 2 single dwelling properties fronting the highway and are being sold "where-is, as-is" ready for your development plans -the brown bungalow fronting the highway is perfect for a site office along with a steel shed with a garage door for equipment storage.. The second parcel at 16918 is single dwelling is also being sold "as-is, where-is" and measures .442acres. The land is level and dry, there is no surface water on the property. There is also an older environmental study for the 16904 parcel which indicated the property as clean. 24 Hrs. irrevocable please. *** All persons wishing to access to the property must be be accompanied by a Realtor ***
Sold data
Homes in Drummond/North Elmsley — recent sold market
Homes in Drummond/North Elmsley took a median of 39 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 57, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $539,000.
Homes sold for about 4.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
- Median days to sell
- 39
- Median sale price
- $539,000
- Sale-to-list ratio
- 95.2%
- Sold above asking
- 3%
Based on 39 recorded sales in the last 90 days — 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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