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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 444 days

    16904 HIGHWAY 7 Highway

    Drummond N Elmsley (Drummond) Twp·Perth, ON·K7H 3C8·Near Highway 7 just approximately 1 KM east before the Perth sign. Use google maps with address 16904 Highway 7, Perth. The property is directly across the highway from a self storage facility.

    Perth real estate›X12091123
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Here's an opportunity to develop a mixed use residential (zoned R4) property just 1 km east of the town of Perth. Take advantage of all the amenities Perth has to offer by building immediately next to its neighbouring township. This 15.594 acre lot currently established with a multi-residential 6 unit and 2 single dwelling properties fronting the highway and are being sold "where-is, as-is" ready for your development plans -the brown bungalow fronting the highway is perfect for a site office along with a steel shed with a garage door for equipment storage.. The second parcel at 16918 is single dwelling is also being sold "as-is, where-is" and measures .442acres. The land is level and dry, there is no surface water on the property. There is also an older environmental study for the 16904 parcel which indicated the property as clean. 24 Hrs. irrevocable please. *** All persons wishing to access to the property must be be accompanied by a Realtor ***

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 16, 2025ListedCurrentFor sale$1,595,000 —X12091123This page
    Sep 19, 2023Previously listedExp$1,950,000 —X9500116View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 16904 HIGHWAY 7 Highway
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $7,836
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $269
    0.20% mill rate · ON
    The market

    How this home sits in the Perth market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Perth market right now

    Average sold price, days on market, and closed-transaction count for Perth — sourced from MLS®.

    • Avg sold price
      $552,402
      Last 30 days
    • Median sold price
      $556,400
      Middle of the market
    • Days on market
      50 d
      Avg from list to close
    • Closed last 30d
      87
      MLS® transactions
    Full Perth market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 16904 HIGHWAY 7 Highway — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 16904 HIGHWAY 7 Highway and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 16904 HIGHWAY 7 Highway listed for?

      16904 HIGHWAY 7 Highway is listed at $1,595,000 on the MLS® (listing X12091123). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 16904 HIGHWAY 7 Highway have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

    • 12 beds
    • 6 baths
    • < 700 sqft
    • Multiplex
    • 10-24.99 ac lot
    Asking
    $1,595,000
    $2279 / sqft · MLS® X12091123
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,215,284
    $1,118,062Confidence range$1,312,507
    Asking vs estimate
    ↑↑well-above
    +$379,716
    (+31.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 12 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Perth sell in about 50 days — this one has been listed 444 days.

    Avg sold price
    $552,402
    Median sold
    $556,400
    Avg days on market
    50
    Recently sold
    87
    See comparable sales
    The second parcel at 16918 is single dwelling is also being sold "as-is, where-is" and measures .442acres.
  1. The land is level and dry, there is no surface water on the property.
  2. Ask Zara a follow-up
    Septic
  3. Parking & garage

    3
    Garage
    None
    Parking spaces
    12
    Driveway
    Available
  4. Interior

    2
    Basement
    Separate Entrance
    Family room
    N
  5. Exterior & construction

    4
    Exterior
    Aluminum Siding
    Roof
    Unknown
    Foundation
    Concrete Block
    Pool
    None
  6. Lot & land

    1
    Zoning
    R4
  7. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    2-Storey
    Property class
    Multiplex
  8. Combined estimate
    $8,105
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $7,836
    /mo
    based on the purchase price of $1,595,000
    $319,000 cash
    $1,276,000 financed
    $1,074,727 total interest
    Monthly payment$7,836/ month
    Principal54%$1,276,000
    Interest46%$1,074,727

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  9. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  10. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  11. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  12. Public listing courtesy of ROYAL LEPAGE TEAM REALTY · displayed on Summitly per MLS® data-share rules

    16904 HIGHWAY 7 Highway is a 12-bedroom, 6-bath, < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  13. When was 16904 HIGHWAY 7 Highway built?

    The year built for 16904 HIGHWAY 7 Highway isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  14. What is the property tax for 16904 HIGHWAY 7 Highway?

    The 'Property tax' tab in the History section shows the most recent annual tax for 16904 HIGHWAY 7 Highway plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  15. How much would the monthly mortgage be on 16904 HIGHWAY 7 Highway?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,595,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  16. Has 16904 HIGHWAY 7 Highway been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 16904 HIGHWAY 7 Highway with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  17. What neighbourhood is 16904 HIGHWAY 7 Highway in?

    16904 HIGHWAY 7 Highway is in Drummond N Elmsley (Drummond) Twp, Perth. The 'Neighbourhood' section below links to the live Perth real estate hub with average sold price, days on market, and current inventory.

  18. Is Perth a good place to live?

    Perth is one of ON's actively-tracked Summitly markets. The full Perth real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.