Lanark Highlands, ON · · MLS® X13704426Updated
$4,500,000
8687 Highway 511 is a business in Lanark Highlands, listed for $4,500,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Fully operational newer sawmill located in the heart of the milling district in Lanark Highlands. Established in 2002 with addition added in 2007, this exceptional turnkey business is well-maintained with 6,400 sq ft footprint on 20 acres along major highway for easy access. The property offers ample space for future expansion and is perfectly positioned for logistical efficiency. The sale includes all necessary equipment and infrastructure to step in and continue operations, providing a profitable turnkey business opportunity. Currently operating Monday through Thursday. Located in a prime industrial zone, the business benefits from quick access to key transportation routes and proximity to local suppliers and buyers. With room for growth and potential for diversification, this sawmill presents a rare opportunity to invest in a stable, well-respected business in the region. Zoning is Rural, Mineral Aggregate Resource. Approx 10 mins to Lanark; 40 mins Perth or 50 mins Ottawa
Lanark Highlands business priced at $4,500,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: COLDWELL BANKER FIRST OTTAWA REALTY, BrokerageMLS® X13704426 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Homes for sale in Lanark Highlands
Every active Lanark Highlands MLS® listing, updated all day.
Based on 38 sales from Jul 24 – Oct 22, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
8687 Highway 511 is listed at $4,500,000 (MLS® X13704426). Summitly updates the price as soon as the MLS® record changes.
No — 8687 Highway 511 is still listed at its original asking price of $4,500,000.
The listing for 8687 Highway 511 doesn't publish its bedroom and bathroom count. It is a commercial property in Lanark Highlands.
Its asking price of $4,500,000 is about 956% above the median sold price in Lanark Highlands over the last 90 days, $426,100, across 38 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.
Summitly has no earlier MLS® sale or lease of 8687 Highway 511 on record from the last two years. Older records aren't shown under TRREB rules.
8687 Highway 511 is in Lanark Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
60 days — 8687 Highway 511 was listed on August 23, 2026.
About $98,975 in Ontario land transfer tax at the asking price of $4,500,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 8687 Highway 511 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lanark Highlands.
The listing for 8687 Highway 511 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
