205 DRUMMOND CONCESSION 1 CONCESSION, Drummond/North Elmsley

$450,000

For sale: Vacant Land

Vacant Land at 205 DRUMMOND CONCESSION 1 CONCESSION, Drummond/North Elmsley
Property type
Vacant Land
MLS®
MLS® X13735582
Neighbourhood
903 - Drummond/North Elmsley (North Elmsley) Twp

Opportunity awaits at 205 Drummond Concession 1. Situated on approximately 5 acres and zoned RU - Rural, this property features an existing warehouse/shop building offering substantial space and versatility for a variety of potential uses. The building includes 5 garage doors, including one oversized door with approximately 13' high x 12' wide clearance, along with an approximately 16' ceiling height in the main shop area. Additional features include 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. The building is equipped with two furnaces, one of which is currently not operational. Some drywall repairs are required and some mould is present. A unique opportunity for buyers seeking acreage combined with substantial existing shop or warehouse space. Two additional neighbouring properties are also available for sale, offering the opportunity to purchase this property individually or acquire all three properties together. Buyers to conduct their own due diligence regarding zoning, permitted uses, measurements, electrical service, building condition and servicing. Property and building are being sold AS IS, WHERE IS.

Sold data

Vacant Land homes in Drummond/North Elmsley — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.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.

Median days to sell
57
Median sale price
$172,000
Sale-to-list ratio
84.9%
Sold above asking
0%

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

Homes for sale near 205 DRUMMOND CONCESSION 1 CONCESSION