162 Ely Side Rd is a land in Armour, listed for $119,900.
1Escape to the peaceful countryside and discover the possibilities on this beautiful 2.55-acre vacant lot with 200 feet of frontage along a year-round municipally maintained road.
2Mostly level and approximately 550 feet deep, this property offers an ideal canvas for your future home or weekend retreat, with plenty of space to create the lifestyle you've been dreaming of.
3RU zoning provides excellent flexibility, while the generous lot size offers privacy without sacrificing convenience.
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Lots & Land in Armour
About 162 Ely Side Road
Escape to the peaceful countryside and discover the possibilities on this beautiful 2.55-acre vacant lot with 200 feet of frontage along a year-round municipally maintained road. Mostly level and approximately 550 feet deep, this property offers an ideal canvas for your future home or weekend retreat, with plenty of space to create the lifestyle you've been dreaming of. RU zoning provides excellent flexibility, while the generous lot size offers privacy without sacrificing convenience. Located just a short drive to Burk's Falls, you'll have easy access to groceries, gas, the LCBO, restaurants, and other everyday amenities. Spend your weekends exploring the area's beautiful lakes with public access to Jacks Lake only 2.4 km away, or launch your boat and enjoy a day on Pickerel Lake from the public beach and boat launch just 7 km from the property. A wonderful opportunity to enjoy the best of country living with nearby conveniences and endless outdoor recreation.
Armour land priced at $119,900 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 162 Ely Side Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
2.55
Listing & possession
Property class
Vacant Land
162 Ely Side 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® X13884478$119,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 162 Ely Side Rd Compares to the Armour Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$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.
For homeowners nearby
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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.
Average days on market61Homes sold in about 61 days on average.
Sale-to-list ratio91.0%On average, homes sold below asking.
Active listings56Homes for sale here right now.
Median vs prior 90 days+99.4%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 17 sales from Jul 12 – Oct 10, 2026 (11 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 162 Ely Side Rd
How much is 162 Ely Side Rd listed for?
162 Ely Side Rd is listed at $119,900 (MLS® X13884478). Summitly updates the price as soon as the MLS® record changes.
Has the price of 162 Ely Side Rd changed?
No — 162 Ely Side Rd is still listed at its original asking price of $119,900.
How many bedrooms and bathrooms does 162 Ely Side Rd have?
The listing for 162 Ely Side Rd doesn't publish its bedroom and bathroom count. It is a lot in Armour.
How much would the monthly mortgage be on 162 Ely Side 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 162 Ely Side Rd compare with other homes in Armour?
Its asking price of $119,900 is about 81% below the median sold price in Armour over the last 90 days, $628,000, across 17 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 162 Ely Side Rd been sold before?
Summitly has no earlier MLS® sale or lease of 162 Ely Side Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 162 Ely Side Rd?
162 Ely Side Rd is in Armour, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 162 Ely Side Rd been on the market?
162 Ely Side Rd was listed today (October 10, 2026).
What is the lot size of 162 Ely Side Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 162 Ely Side 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.
How do I book a viewing of 162 Ely Side Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 162 Ely Side Rd?
The listing for 162 Ely Side Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Armour.
