5279 HIGHWAY 43, Drummond/North Elmsley, ON

$549,900
MLS#:X9442441
3 beds
2 baths
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 903 - Drummond/North Elmsley (North Elmsley) Twp. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a other, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, Flooring: Hardwood, This charming 1940s country home is situated on 3 acres, mid-way between Perth and Smiths Falls. Equestrian enthusiasts will appreciate the well drained 85' x 200' sand ring, large grass jump field, cross-tie area, hay storage, barn for tack and feed storage, no climb fencing, electric fencing & plenty of room for grazing. The yard offers plenty of space for play and cultivating your own produce. Inside, you'll find 3 beds, 1.5 baths, a new kitchen with modern appliances, butcher block counters, pantry & tile backsplash. Renovated main bath with new vanity, lighting & fresh paint throughout. Many updates and features including: new kitchen cabinets and counters, updated flooring, wood burning fireplace with new &-surround & single garage. Enjoy relaxing in the gazebo, growing your own veggies and visiting the chicken coop for farm fresh eggs. The young orchard offers apple, pear & cherry trees with lots of room for expansion. Explore the possibilities that country living has to offer., Flooring: Mixed

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Property Summary

This detached home located at 5279 HIGHWAY 43, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 729 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 5279 HIGHWAY 43, Drummond/North Elmsley is in the 903 - Drummond/North Elmsley (North Elmsley) 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 9, 2024
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionMetal/Steel Siding
BasementOther, Unfinished
CountyLanark
Annual Tax$1,646
Legal DescriptionPT LT 14 CON 8 NORTH ELMSLEY AS IN NE4811; DRUMMOND-N ELMSLEY

Parking & Garage

Parking Spaces10.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Major Highway, Fenced Yard

Interior Features

Water Heater Owned, Other

Security Features

Community Features

Location

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5279 HIGHWAY 43, 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 5279 HIGHWAY 43, Drummond/North Elmsley, ON K7H 3C7

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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Drummond/North Elmsley, ON

For a property listed at $549,900 in Drummond/North Elmsley, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 903 - Drummond/North Elmsley (North Elmsley) Twp, Drummond/North Elmsley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$710,104

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.