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16904 HIGHWAY 7 Highway

16904 HIGHWAY 7 Highway

Drummond/North Elmsley, ON

  • 12 bed
  • 6 bath
  • approx. < 700 sqft
  • Multiplex
  • 514 days on market
$1,595,000

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 ***

Listing Details

Taxes (2024)
$3,232
Listed
April 16, 2025

Price History

Property

Style
2-Storey
Construction
Aluminum Siding
Roof
Unknown
Foundation
Concrete Block
Interior
None
Lot Size
228.05 x 1147 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Propane

Location & Legal

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.
Zoning
R4
Parcel Number
051710046
Possession
Immediate
Occupancy
Vacant

Schools

Elementary

  • Perth Intermediate School1.9 km

    Public · Upper Canada DSB · 245 students

  • The Stewart Public School2 km

    Public · Upper Canada DSB · 355 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • St John Elementary School2.9 km

    Catholic · CDSB of Eastern Ontario · 375 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 26% met the provincial standard

Secondary

  • Perth and District Collegiate Institute1.9 km

    Public · Upper Canada DSB · 580 students

    Grade 10 literacy: 71% met the provincial standard

  • St John Catholic High School4 km

    Catholic · CDSB of Eastern Ontario · 340 students

    Grade 10 literacy: 81% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

hot tub

AI-generated from listing photos. Not professional advice.

Community

Postal area K7H

Population
16,175
Private dwellings
8,360
Median age
55.6
Average household size
2.2
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Drummond/North Elmsley · last 12 months

Median sold price
$586,500
Homes sold
128
Median days on market
44
Sale-to-list price
93.0%

Based on 128 recorded sales of residential freehold properties in Drummond/North Elmsley over the last 12 months.

Listed by

ROYAL LEPAGE TEAM REALTY

Walk Score

6

Walk

31

Bike

Scores by Walk Score®

Mortgage Calculator

$319,000

Estimated Monthly Payment

$7,836

Land transfer tax

Estimated land transfer tax$28,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,836/mo (20% down, 5.5%)

Taxes: $269/mo · Insurance: $399/mo

Estimates only. Consult a financial advisor.

R

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