The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Here's an opportunity to develop a mixed use residential (zoned R4) property just 1 km east of the town of Perth. Take advantage of all the amenities Perth has to offer by building immediately next to its neighbouring township. This 15.594 acre lot currently established with a multi-residential 6 unit and 2 single dwelling properties fronting the highway and are being sold "where-is, as-is" ready for your development plans -the brown bungalow fronting the highway is perfect for a site office along with a steel shed with a garage door for equipment storage.. The second parcel at 16918 is single dwelling is also being sold "as-is, where-is" and measures .442acres. The land is level and dry, there is no surface water on the property. There is also an older environmental study for the 16904 parcel which indicated the property as clean. 24 Hrs. irrevocable please. *** All persons wishing to access to the property must be be accompanied by a Realtor ***
Property Details
Listing
MLS® number
X12091123
Status
For Sale
Listed
Apr 16, 2025
Last updated
Oct 28, 2026
Possession
Immediate
Building
Type
Multi-Family
Style
2-Storey
Approx. age
Not provided by brokerage
Approx. size
<700 ft²
Basement
Separate Entrance
Lot
Frontage
Not provided by brokerage
Depth
1147.00 ft
Lot area
Not provided by brokerage
View
South
Community
908 - Drummond N Elmsley (Drummond) Twp
Parking & utilities
Garage
None, 0 spaces
Driveway
Available, 12 spaces
Heating
Forced Air
Cooling
None
Water / sewer
Not provided by brokerage
Taxes
Property tax
$3,232 / 2024
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE TEAM REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 12
Kitchens: 0 above grade · 0 below grade
Basement: Separate Entrance
Heating: Forced Air
Cooling: None
Exterior
Waterfront features: None
Pool features: None
Property features: Golf
Cross street: Highway 7 just approximately 1 KM east before the Perth sign. Use google maps with address 16904 Highway 7, Perth. The property is directly across the highway from a self storage facility.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,236/mo
Mortgage (principal + interest)$5,967
Property taxFrom listing: $3,232/yr$269
Minimum 20% ($319,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,000
Ontario land transfer taxProvincial brackets, no first-time refund$28,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$350,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Drummond/North Elmsley has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
