341 BLACK BASS BAY Road, Drummond/North Elmsley, ON

$2,249,000
MLS#:X9437470
3 beds
3 baths
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 908 - Drummond N Elmsley (Drummond) Twp. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $2,249,000 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 3 Bathrooms
  • Premium 151.43 x 404 ft lot size
  • 10.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned, Water Treatment, Air Exchanger
  • equipped with central air central cooling and highly efficient radiant heating via propane

Description

On Mississippi Lake, executive 2014 home of exceptional elegance and generous spaces - inside and out. Landscaped acre oasis has interlock patio, gazebo, hot tub, heated salt-water inground pool, pool-house and covered deck with TV hook-up. Custom 4bed, 3bath home has Great Room with cathedral ceiling, soaring windows, propane stone fireplace and surround sound. In dining room, glass doors entice you out to yard's oasis. Palatial granite kitchen offers Luxor cabinetry, quality appliances, pantry, wet bar and Gaylord hardwood floor. Main level grand primary suite with your own glass doors to yard, walk-in closet and ultimate ensuite. Laundry room & powder room. Upstairs familyroom, office, three bedrms & bathrm are all extra-large. Attached finished garage radiant floor heat and electric vehicle plug. Sparkling clear waterfront has Pergola and Tiki bar; this waterfront lot could be sold separately. Black Bass Bay Rd $200/yr for maintenance & snowplowing. 18 mins Perth or Carleton Place., Flooring: Hardwood, Flooring: Ceramic

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Property Summary

This detached home located at 341 BLACK BASS BAY Road, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 766 days. This property is listed at $2,249,000 with an estimated mortgage of $7,486* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 341 BLACK BASS BAY Road, 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
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 22, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster), Stone
BasementNone
Lot Size151.43 × 404
CountyLanark
Annual Tax$7,894
Legal DescriptionPT LT 25 CON 7 DRUMMOND AS IN RS49818; S/T RS49818; T/W RS49818 TOWNSHIP OF DRUMMOND/NORTH ELMSLEY

Parking & Garage

Parking Spaces10.0
Garage TypeOther

Heating & Cooling

Heat SourcePropane
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

Wooded/Treed, Waterfront, Waterfront

Interior Features

Water Heater Owned, Water Treatment, Air Exchanger

Security Features

Community Features

Location

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341 BLACK BASS BAY Road, 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 341 BLACK BASS BAY Road, 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.

Market Trend
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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$674,700 (30.0%)
* Minimum Canadian down payment required for this price is $449,800.
Amortization Period30 Years
Estimated Monthly Payment$7,486Based on a loan of $1,574,300 over 30 years.
Purchase Price$2,249,000
Loan Amount$1,574,300
Provincial Land Transfer Tax:$42,700
Total Estimated Closing Taxes:$42,700

About Purchasing a Home in Drummond/North Elmsley, ON

For a property listed at $2,249,000 in Drummond/North Elmsley, the legal minimum down payment is $449,800 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 $42,700 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 $42,700.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Drummond/North Elmsley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$722,574

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.