00 Drummond Road

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$649,900

00 Drummond Road

Mississippi Mills (Ramsay) Twp, Mississippi Mills · MLS® X9462121

92 sq ft · 92 sq ft lot · Land · Agriculture · 1,173 days on market

listed by Kevin Cosgrove, REAL BROKER ONTARIO LTD.

realtor's description

Situated just 5 minutes north of Carleton Place, this picturesque lot spans 91.6 acres of agricultural land with easy road access From Drummond Road and Ramsay Concession Road 8. Intended to be farmed or used for agricultural purposes only - farm the land yourself, or lease to a neighbouring farmer (currently leased at $4,300 for 2024).A severance application is in progress and this parcel will receive its own PIN, Roll Number, and Legal Description once it is complete. A condition of the severance will require the lands to be re-zoned to prohibit the construction of a dwelling. The lands can be used for agricultural purposes. Agricultural buildings are permitted, subject to complying with all municipal and provincial policies for setbacks, lot coverage, minimum distance separation to nearby residential uses, etc. See attached lot sketch for parcel measurements.

property details

type: Land, Agriculture
living area: 92 sq ft
lot: 92 sq ft
parking: 0
days on market: 1,173
MLS®: X9462121

monthly cost

$2,832/mo

Mortgage $2,832

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$2,832/ monthly

loan $519,920

25-year amortization

down payment20% · $129,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,546
cash to close: $129,980; down payment; transfer tax and fees not included
total paid: $849,466

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

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