$599,900
For sale: Detached

Prime Investment Opportunity! Unlock the perfect balance of residential comfort and commercial potential with this unique 1.2-acre property. Strategically located on the edge of Perth, this renovated 3-bedroom, 2-bathroom home offers the benefits of Drummond/North Elmsley Township while maintaining immediate proximity to town amenities. This home is fully move-in ready, featuring a thoughtful layout and contemporary updates throughout. The main floor offers a bright, eat-in kitchen that flows seamlessly into a formal dining room and open-concept living area. The convenience of a main-floor laundry room and a beautifully renovated 3-piece bathroom makes daily living effortless. Upstairs, you will find three well-appointed bedrooms and a second updated bathroom, providing extra conveniences for family or tenants. Modern flooring runs throughout the entire home, enhancing the bright and airy atmosphere. The standout feature of this property is the massive detached garage, Zoned Commercial Highway. This designation opens a world of possibilities for entrepreneurs and investors alike. For the business owner, it offers the chance to eliminate a commute and overhead by running operations directly from home. For the investor, it provides a dual-income stream with the potential to rent the residential home and the commercial space separately. Whether you are looking to expand your investment portfolio or seeking a "live-work" lifestyle that offers both space and visibility, this property is a rare find. Enjoy the expansive 1.2-acre lot, modern interior finishes, and the high-traffic potential of a highway-zoned commercial space. This property isn't just a home; it's a versatile asset positioned in one of the most convenient locations in the area.
Sold data
Detached homes in Drummond/North Elmsley took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 46, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $599,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 31 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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