Welcome this prime 2+ acre parcel, positioned between the historic town of Perth and the recreational hub of Rideau Ferry. Boasting significant road frontage on a municipally maintained road, the level topography offers an optimal canvas for a custom residential build. The property features a shared entrance already established with the adjoining 2+-acre lot, which is also currently available for purchase, presenting a rare chance to acquire over 4 acres of land for enhanced privacy or a multi-family estate. Situated just minutes from the Rideau Waterway, the location provides effortless access to boating, fishing, and public boat launches while maintaining a peaceful rural setting. The lot is cleared with wooden fence at the perimeter, balancing privacy with immediate build readiness. Hydro service is available at the road, simplifying the initial utility connection process. Residents will benefit from close proximity to Perth's full-service amenities, including regional health care, major retail, and schools, while enjoying the lower property taxes of Drummond/North Elmsley township.
works out to roughly $271 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 0-Lot 2 Rideau Ferry Rd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
2.33
Listing & possession
Property class
Vacant Land
0-Lot 2 Rideau Ferry Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13229764$189,500
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 0-Lot 2 Rideau Ferry Rd Compares to the Drummond/North Elmsley Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$931
/mo
based on the purchase price of $189,500
$37,900 cash
$151,600 financed
$127,687 total interest
Principal54%$151,600
Interest46%$127,687
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Rideau Ferry Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 0-Lot 2 Rideau Ferry Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 0-Lot 2 Rideau Ferry Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Drummond/North Elmsley
Other homes for sale in Drummond/North Elmsley around $190K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings89Homes for sale here right now.
Median vs prior 90 days−15.6%Compared with May 9 – Aug 7, 2026: prices down.
Based on 47 sales from Aug 7 – Nov 5, 2026 (53 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 0-Lot 2 Rideau Ferry Rd
How much is 0-Lot 2 Rideau Ferry Rd listed for?
0-Lot 2 Rideau Ferry Rd is listed at $189,500 (MLS® X13229764). Summitly updates the price as soon as the MLS® record changes.
Is $189,500 a good price for 0-Lot 2 Rideau Ferry Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Drummond/North Elmsley. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 0-Lot 2 Rideau Ferry Rd changed?
No — 0-Lot 2 Rideau Ferry Rd is still listed at its original asking price of $189,500.
How many bedrooms and bathrooms does 0-Lot 2 Rideau Ferry Rd have?
0-Lot 2 Rideau Ferry Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Drummond/North Elmsley.
How much would the monthly mortgage be on 0-Lot 2 Rideau Ferry Rd?
About $931 a month — principal and interest on $189,500 with 20% down ($37,900), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0-Lot 2 Rideau Ferry Rd compare with other homes in Drummond/North Elmsley?
Its asking price of $189,500 is about 62% below the median sold price in Drummond/North Elmsley over the last 90 days, $499,900, across 47 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0-Lot 2 Rideau Ferry Rd been sold before?
Summitly has no earlier MLS® sale or lease of 0-Lot 2 Rideau Ferry Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 0-Lot 2 Rideau Ferry Rd?
0-Lot 2 Rideau Ferry Rd is in Drummond/North Elmsley, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0-Lot 2 Rideau Ferry Rd been on the market?
156 days — 0-Lot 2 Rideau Ferry Rd was listed on June 2, 2026.
What is the price per square foot of 0-Lot 2 Rideau Ferry Rd?
About $271 per square foot: the asking price of $189,500 over the 700 sq ft the listing gives.
What is the lot size of 0-Lot 2 Rideau Ferry Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 0-Lot 2 Rideau Ferry Rd?
About $1,620 in Ontario land transfer tax at the asking price of $189,500. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
