540 POONAMALIE Road, Drummond/North Elmsley, ON
Property no longer active
This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 903 - Drummond/North Elmsley (North Elmsley) Twp. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $624,500 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 1 Bathroom
- 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
- 20.0 total parking spaces available with a convenient public configuration
- Efficient forced air heating via propane
Description
Discover the timeless charm & potential of this stone home built in the mid 1800's, beautifully set on 98-acres of property. The home's sturdy stone construction exudes character & offers a strong foundation for your personal touch. Nestled off the road for ultimate privacy, with easy access to the highway, balancing seclusion with convenience. Also along with the main house the property features a couple of sheds and a barn, perfect for storage or various uses. Located just a short drive from the charming towns of Perth & Smiths Falls, & only an hour’s commute to Ottawa, this property combines rural tranquility with accessibility to urban amenities. Whether you envision a serene escape or simply a unique stone residence with vast land, this property presents endless possibilities. With a little imagination, this stone home can be transformed into an extraordinary haven. Embrace the chance to own & restore this exceptional property, making it your very own slice of paradise., Flooring: Mixed
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Property Summary
This detached home located at 540 POONAMALIE Road, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 717 days. This property is listed at $624,500 with an estimated mortgage of $2,079* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 540 POONAMALIE Road, 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 540 POONAMALIE Road, Drummond/North Elmsley, ON K7A 4S4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Drummond/North Elmsley, ON
For a property listed at $624,500 in Drummond/North Elmsley, the legal minimum down payment is $37,450 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 $8,965 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 $8,965.
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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.