1375 Sheridan Rapids Rd is a land in Lanark Highlands, listed for $119,900. It has < 700 sq ft of living space.
1Discover your own slice of tranquility on this 4.23-acre wooded lot, surrounded by the stillness that country living offers.
2Whether you dream of a peaceful retreat or an adventurous base for outdoor activities, this lot provides the perfect setting to build your ideal home amidst nature's splendor.
3Embrace the opportunity to create a sanctuary in this serene and picturesque location.
Discover your own slice of tranquility on this 4.23-acre wooded lot, surrounded by the stillness that country living offers. Nestled near Sheridan Rapids, this property invites you to explore the beauty and serenity of the property itself, as well as the rapids just a short distance away. Whether you dream of a peaceful retreat or an adventurous base for outdoor activities, this lot provides the perfect setting to build your ideal home amidst nature's splendor. Embrace the opportunity to create a sanctuary in this serene and picturesque location. Driveway installed.
works out to roughly $171 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 1375 Sheridan Rapids Rd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Parking & garage
Parking spaces
0
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
1375 Sheridan Rapids Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$589
/mo
based on the purchase price of $119,900
$23,980 cash
$95,920 financed
$80,790 total interest
Principal54%$95,920
Interest46%$80,790
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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Similar homes for sale nearby in Lanark Highlands
Other homes for sale in Lanark Highlands around $120K.
Average days on market56Homes sold in about 56 days on average.
Sale-to-list ratio93.7%On average, homes sold below asking.
Active listings84Homes for sale here right now.
Median vs prior 90 days−27.1%Compared with May 15 – Aug 13, 2026: prices down.
Based on 35 sales from Aug 13 – Nov 11, 2026 (36 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1375 Sheridan Rapids Rd
How much is 1375 Sheridan Rapids Rd listed for?
1375 Sheridan Rapids Rd is listed at $119,900 (MLS® X12425468). Summitly updates the price as soon as the MLS® record changes.
Is $119,900 a good price for 1375 Sheridan Rapids Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lanark Highlands. 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 1375 Sheridan Rapids Rd changed?
Yes — it was first listed at $139,900 and is now $119,900, a drop of $20,000 (14.3%).
How many bedrooms and bathrooms does 1375 Sheridan Rapids Rd have?
1375 Sheridan Rapids Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Lanark Highlands.
How much would the monthly mortgage be on 1375 Sheridan Rapids Rd?
About $589 a month — principal and interest on $119,900 with 20% down ($23,980), 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 1375 Sheridan Rapids Rd compare with other homes in Lanark Highlands?
Its asking price of $119,900 is about 71% below the median sold price in Lanark Highlands over the last 90 days, $415,000, across 35 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 1375 Sheridan Rapids Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1375 Sheridan Rapids Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1375 Sheridan Rapids Rd?
1375 Sheridan Rapids Rd is in Lanark Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1375 Sheridan Rapids Rd been on the market?
413 days — 1375 Sheridan Rapids Rd was listed on September 24, 2025.
What is the price per square foot of 1375 Sheridan Rapids Rd?
About $171 per square foot: the asking price of $119,900 over the 700 sq ft the listing gives.
What is the lot size of 1375 Sheridan Rapids Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 1375 Sheridan Rapids Rd?
About $924 in Ontario land transfer tax at the asking price of $119,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
