326 Black Bass Bay Road, Drummond/North Elmsley, ON

$1,475,000
MLS#:X12427491
6 beds
4 baths
1500-2000 sqft
13.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 908 - Drummond N Elmsley (Drummond) Twp. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,475,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 366.26 x 436.38 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Guest Accommodations, In-Law Capability
  • Efficient baseboard heating via electric

Description

Welcome to 324-326 Black Bass Bay, a stunning 4.5-acre, waterfront property, offering endless swimmable shoreline and panoramic views of beautiful Mississippi Lake. This estate would make the perfect family compound, investment property, development property, hobby farm or lakeside retreat. Conveniently located in close proximity to Ottawa (and minutes from Carleton Place), this rare offering includes a 'LAKE HOUSE' (raised bungalow), a four season 'COTTAGE', a stunning 'BOATHOUSE', several outbuildings and room for anything you can imagine (only half the lot has been developed / cleared). The 'lake house' features 4 bedrooms and 3 bathrooms across 2000 square feet. Large windows frame water views from nearly every room, while the bright sunroom and walk-out lower level maximize your connection to the lake. A massive deck overlooks the bay, ideal for entertaining or quiet relaxation. The 'lake house' features stone counters in both the kitchen and bathrooms (along with updated cabinets), hardwood flooring throughout and fresh paint. The attached garage provides convenience and plenty of additional storage. The fully insulated 2-bedroom guest 'cottage' with a large deck and forced-air furnace is perfect for four-season use whether hosting family, accommodating guests, or generating rental income. The 'boathouse" adds versatility, offering space for additional guest accommodation, or an amazing home office, gym, studio or workshop. Outdoor living shines with a scenic dock, waterside outbuilding, and additional garden & equipment sheds. The flat, clear lot is ideal for recreation or future development. The parcels size and configuration present exciting severance potential. Whether enjoying a swim, hosting a lakeside gathering, or unwinding by the water, every detail of this property invites year-round enjoyment. With unmatched acreage, shoreline, and versatility, this unicorn offers endless opportunities to create memories and build future value.

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Property Summary

This detached home located at 326 Black Bass Bay Road, Drummond/North Elmsley is currently for sale and has been available on SousaSells for 290 days. This property is listed at $1,475,000 with an estimated mortgage of $4,910* per month. It has 6 beds, 4 bathrooms, and is 1500-2000 square feet. 326 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
6
Bathrooms
4
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date9/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Wood
BasementFinished, Full
Lot Size366.26 × 436.38 Acres
CountyLanark
Annual Tax$5,366
Legal DescriptionPT LT 25 CON 7 DRUMMOND PT 1, 27R2269 & PT 36, 27R569; T/W RS172959; S/T INTEREST IN RS25406; DRUMMOND-N ELMSLEY

Parking & Garage

Parking Spaces13.0
Garage Spaces12
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Clear View, Wooded/Treed, Waterfront, Part Cleared

Interior Features

Carpet Free, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Propane Tank, Water Heater Owned

Security Features

Smoke Detector

Community Features

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Location

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326 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 326 Black Bass Bay Road, Drummond/North Elmsley, ON K7C 3C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$442,500 (30.0%)
* Minimum Canadian down payment required for this price is $295,000.
Amortization Period30 Years
Estimated Monthly Payment$4,910Based on a loan of $1,032,500 over 30 years.
Purchase Price$1,475,000
Loan Amount$1,032,500
Provincial Land Transfer Tax:$25,975
Total Estimated Closing Taxes:$25,975

About Purchasing a Home in Drummond/North Elmsley, ON

For a property listed at $1,475,000 in Drummond/North Elmsley, the legal minimum down payment is $295,000 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 $25,975 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 $25,975.

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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.