328 WAYSIDE DRIVE, Drummond/North Elmsley

$1,250,000

For sale: Vacant Land

Vacant Land at 328 WAYSIDE DRIVE, Drummond/North Elmsley
Property type
Vacant Land
MLS®
MLS® X13227634
Neighbourhood
908 - Drummond N Elmsley (Drummond) Twp

Approximately 50 acres of prime development land in the growing municipality of Drummond/North Elmsley, just minutes from the historic town of Perth. Conveniently located within easy reach of Ottawa, Smiths Falls, and key highway routes, this is a rare opportunity for developers and investors looking to capitalize on the continued shift toward lifestyle-focused rural communities. This exceptional property offers exciting potential for a rural estate lot subdivision, with a preliminary concept envisioning approximately 22 residential lots averaging 1.7 acres each. Surrounded by natural beauty and offering the perfect balance of privacy and convenience, the land is ideally suited for the growing demand for executive country living in Eastern Ontario. . With picturesque surroundings and strong long-term growth potential in one of the region's most sought-after rural markets, this property presents an outstanding opportunity for builders, developers, investors, or land banking portfolios seeking scale, location, and future value. Buyer to complete their own due diligence regarding development approvals, servicing, zoning, and subdivision potential.

Sold data

Homes in Drummond N Elmsley Drummond Twp — recent sold market

Homes in Drummond N Elmsley Drummond Twp took a median of 55 days to sell over the last 365 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 104, across 81 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.

The median sale price was $544,900.

Homes sold for about 4.8% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
55
Median sale price
$544,900
Sale-to-list ratio
95.2%
Sold above asking
4%

Based on 81 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

Homes for sale near 328 WAYSIDE DRIVE