Welcome to this remarkable vacant land located in the coveted neighborhood of 903 - Drummond/North Elmsley (North Elmsley) Twp. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $304,900 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.
Welcome to the community of Otty Woods, build your dream home on this wooded 2.1 acre estate size building lot with LAKE ACCESS, has approx. 252 ft frontage along the municipal maintained paved road. The waterfront community of Otty Woods has only 27 lots in total & is located on the very desirable Otty Lake. Home owners will be able to enjoy the communal trails for walking & even driving your own golf carts throughout the community to the waterfront recreational area that has a large cottage-country style gazebo set in a landscaped waterfront area. Enjoy additional amenities like a proposed large swim dock and floating swim raft, and kayak/canoe dock, picnic tables, BBQ and more. Enjoy the convenience of being only 10 minutes to Perth and minutes to several golf course and many other lakes and provincial parks.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 14 Lumberjack Trail, Drummond/North Elmsley, ON K7H 3C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Drummond/North Elmsley.
About Purchasing a Home in Drummond/North Elmsley, ON
For a property listed at $304,900 in Drummond/North Elmsley, the legal minimum down payment is $15,245 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 $3,049 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 $3,049.
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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.