328 Wayside Drive
Drummond/North Elmsley, ON
- Vacant Land
- 99 days on market
Approximately 50 acres of prime development land in the growing municipality of Drummond/North Elmsley, just minutes from the historic town of Perth. Conveniently located within easy reach of Ottawa, Smiths Falls, and key highway routes, this is a rare opportunity for developers and investors looking to capitalize on the continued shift toward lifestyle-focused rural communities. This exceptional property offers exciting potential for a rural estate lot subdivision, with a preliminary concept envisioning approximately 22 residential lots averaging 1.7 acres each. Surrounded by natural beauty and offering the perfect balance of privacy and convenience, the land is ideally suited for the growing demand for executive country living in Eastern Ontario. . With picturesque surroundings and strong long-term growth potential in one of the region's most sought-after rural markets, this property presents an outstanding opportunity for builders, developers, investors, or land banking portfolios seeking scale, location, and future value. Buyer to complete their own due diligence regarding development approvals, servicing, zoning, and subdivision potential.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $398
- Listed
- June 2, 2026
Price History
Property
- Lot Size
- 189.55 x 2179.04 Feet
Location & Legal
- Cross Street
- Wayside Drive & Highway 7
- Parcel Number
- 051710367
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- N/A
- Exclusions
- N/A
- Rental Items
- N/A
Schools
Elementary
- Perth Intermediate School2.8 km
Public · Upper Canada DSB · 245 students
- The Stewart Public School3 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 School3.8 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 Institute2.8 km
Public · Upper Canada DSB · 580 students
Grade 10 literacy: 71% met the provincial standard
- St John Catholic High School4.9 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.
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
- 126
- Median days on market
- 45
- Sale-to-list price
- 92.9%
Based on 126 recorded sales of residential freehold properties in Drummond/North Elmsley over the last 12 months.
Listed by
CENTURY 21 SYNERGY REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$250,000
Estimated Monthly Payment
$6,141
Land transfer tax
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: $6,141/mo (20% down, 5.5%)
Taxes: $33/mo · Insurance: $313/mo
Estimates only. Consult a financial advisor.
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