135 OAK Lane, Drummond/North Elmsley, ON

$847,500
MLS#:X9459036
3 beds
2 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 19, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 908 - Drummond N Elmsley (Drummond) Twp. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $847,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Treatment, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Flooring: Hardwood, Flooring: Ceramic, This custom built bungalow is situated in a quiet neighborhood with convenient access to Highway 7, just minutes from Heritage Perth and within 40 minutes of Terry Fox Drive. The 3-bedroom, 2-bathroom brick home is located on a no-thru paved roadway, ensuring added peace and privacy. Enter through a wide foyer leading to a bright living area with south-facing windows and a gas fireplace. The open layout connects the living room to the dining area and an updated kitchen with new appliances, while natural light highlights the hardwood flooring and cathedral ceilings. The primary bedroom features south-facing windows, a walk-in closet, and a newly updated 3-piece bathroom with a custom shower, alongside two guest bedrooms that share a 4-piece bathroom. Outside, enjoy a new deck with a gazebo and a front porch for morning coffee, plus an attached 2-car garage with convenient interior entry. This home has seen many updates and is ready for you to move in! See att. Multi Media for more info., Flooring: Carpet Wall To Wall

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Property Summary

This detached home located at 135 OAK Lane, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 653 days. This property is listed at $847,500 with an estimated mortgage of $2,821* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 135 OAK Lane, Drummond/North Elmsley is in the 908 - Drummond N Elmsley (Drummond) Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
CountyLanark
Annual Tax$3,385
Legal DescriptionLot 4 Plan 45 Drummond Ward Drummond-North Elmsley Township County of Lanark

Parking & Garage

Parking Total6.0
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, School Bus Route

Interior Features

Water Treatment, Air Exchanger

Security Features

Community Features

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Location

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135 OAK Lane, Drummond/North Elmsley, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 135 OAK Lane, Drummond/North Elmsley, ON K7H 3C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Drummond/North Elmsley.

Configure Loan Settings

Interest Rate4.00%
Down Payment$254,250 (30.0%)
* Minimum Canadian down payment required for this price is $59,750.
Amortization Period30 Years
Estimated Monthly Payment$2,821Based on a loan of $593,250 over 30 years.
Purchase Price$847,500
Loan Amount$593,250
Provincial Land Transfer Tax:$13,425
Total Estimated Closing Taxes:$13,425

About Purchasing a Home in Drummond/North Elmsley, ON

For a property listed at $847,500 in Drummond/North Elmsley, the legal minimum down payment is $59,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,425 for this transaction. As this listing is in Drummond/North Elmsley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,425.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$734,130

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.