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.
Prime Investment Opportunity! Unlock the perfect balance of residential comfort and commercial potential with this unique 1.2-acre property. Strategically located on the edge of Perth, this renovated 3-bedroom, 2-bathroom home offers the benefits of Drummond/North Elmsley Township while maintaining immediate proximity to town amenities. This home is fully move-in ready, featuring a thoughtful layout and contemporary updates throughout. The main floor offers a bright, eat-in kitchen that flows seamlessly into a formal dining room and open-concept living area. The convenience of a main-floor laundry room and a beautifully renovated 3-piece bathroom makes daily living effortless. Upstairs, you will find three well-appointed bedrooms and a second updated bathroom, providing extra conveniences for family or tenants. Modern flooring runs throughout the entire home, enhancing the bright and airy atmosphere. The standout feature of this property is the massive detached garage, Zoned Commercial Highway. This designation opens a world of possibilities for entrepreneurs and investors alike. For the business owner, it offers the chance to eliminate a commute and overhead by running operations directly from home. For the investor, it provides a dual-income stream with the potential to rent the residential home and the commercial space separately. Whether you are looking to expand your investment portfolio or seeking a "live-work" lifestyle that offers both space and visibility, this property is a rare find. Enjoy the expansive 1.2-acre lot, modern interior finishes, and the high-traffic potential of a highway-zoned commercial space. This property isn't just a home; it's a versatile asset positioned in one of the most convenient locations in the area.
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What’s NearbyDistances approximate
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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$2,599/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $4,256/yr$355
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
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.
