PT 1-00 Herron Mills Rd is a land in Lanark Highlands, listed for $174,900.
1Just under 5 acres in the heart of the Lanark Highlands.
2A rare opportunity to build your dream home in one of the most picturesque corners of Lanark Highlands, this gently wooded parcel backs onto open farmland, providing a peaceful backdrop and stunning seasonal views.
3All the small-town charm and essential amenities of Lanark Village only 6 minutes from your door.
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Lots & Land in Lanark Highlands
About PT 1-00 Herron Mills Road
Just under 5 acres in the heart of the Lanark Highlands. Located on a paved township road just 4 minutes from Middleville, 6 minutes north of Lanark and 25 minutes from the amenities of Perth, this property offers the peace of country living without sacrificing easy access to town. A rare opportunity to build your dream home in one of the most picturesque corners of Lanark Highlands, this gently wooded parcel backs onto open farmland, providing a peaceful backdrop and stunning seasonal views. All the small-town charm and essential amenities of Lanark Village only 6 minutes from your door. Build the home you've always imagined in a setting you'll never want to leave.
Lanark Highlands land priced at $174,900 — book a tour to see if it fits your search.
Inside PT 1-00 Herron Mills Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
4.2
Listing & possession
Property class
Vacant Land
PT 1-00 Herron Mills 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 →
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
$859
/mo
based on the purchase price of $174,900
$34,980 cash
$139,920 financed
$117,849 total interest
Principal54%$139,920
Interest46%$117,849
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.
Similar homes for sale nearby in Lanark Highlands
Other homes for sale in Lanark Highlands around $175K.
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 37 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 PT 1-00 Herron Mills Rd
How much is PT 1-00 Herron Mills Rd listed for?
PT 1-00 Herron Mills Rd is listed at $174,900 (MLS® X12589340). Summitly updates the price as soon as the MLS® record changes.
Has the price of PT 1-00 Herron Mills Rd changed?
Yes — it was first listed at $199,900 and is now $174,900, a drop of $25,000 (12.5%).
How many bedrooms and bathrooms does PT 1-00 Herron Mills Rd have?
The listing for PT 1-00 Herron Mills Rd doesn't publish its bedroom and bathroom count. It is a lot in Lanark Highlands.
How much would the monthly mortgage be on PT 1-00 Herron Mills Rd?
About $859 a month — principal and interest on $174,900 with 20% down ($34,980), 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 PT 1-00 Herron Mills Rd compare with other homes in Lanark Highlands?
Its asking price of $174,900 is about 58% below the median sold price in Lanark Highlands over the last 90 days, $415,000, across 37 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 PT 1-00 Herron Mills Rd been sold before?
Summitly has no earlier MLS® sale or lease of PT 1-00 Herron Mills Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is PT 1-00 Herron Mills Rd?
PT 1-00 Herron Mills Rd is in Lanark Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has PT 1-00 Herron Mills Rd been on the market?
345 days — PT 1-00 Herron Mills Rd was listed on December 1, 2025.
What is the lot size of PT 1-00 Herron Mills Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on PT 1-00 Herron Mills Rd?
About $1,474 in Ontario land transfer tax at the asking price of $174,900. 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 PT 1-00 Herron Mills 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 PT 1-00 Herron Mills Rd?
The listing for PT 1-00 Herron Mills Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lanark Highlands.
