12992 #7 Highway, Lanark Highlands, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 913 - Lanark Highlands (Lanark) Twp. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 323.33 x 351.97 ft lot size
Description
Prime 2.4-acre Building Lot on Highway #7 plus adjacent lot available! Build your dream home on this spacious, treed 2.4-acre lot with entrance already installed. Located just a short drive to Carleton Place or Perth and offering an easy commute to Ottawa, this property combines convenience with the beauty of nature. Choose your building sites surrounded by mature trees and enjoy wildlife right at your doorstep. Bonus: The adjacent 2.5-acre lot is also for sale which would be perfect for extended family, investment, or added privacy. A rare opportunity to own one or both lots in a growing and sought-after area!
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Pricing & Value Insights
Data-driven valuation for 12992 #7 Highway, Lanark Highlands, ON K7C 3P1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Lanark Highlands, ON
For a property listed at $149,900 in Lanark Highlands, the legal minimum down payment is $7,495 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 $1,224 for this transaction. As this listing is in Lanark Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,224.
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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.