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Lots & Land in South River
About PT LT 147 CON A LOUNT RYE Rye Road
Motivated Seller - Bring Your Offer. Rare opportunity on 61 acres in South River with serious upside. Located in the unorganized township of Lount, this property is wide open for investors, developers, or entrepreneurs ready for this exciting, high potential investment. The seller is motivated and open to offers. Currently licensed as a Granite Quarry (not operated for several years) with a Class A Pit & Quarry license - including unlimited annual tonnage per the license. That's not marketing fluff; that's real income potential. Conservative projections put long-term revenue in the hundreds of millions, backed by the region's rich Canadian Shield granite deposits. End uses? Plenty. Keep extracting. Expand operations. Or think long term: residential development, tiny homes, campground, RV park, your own personal residential estate, family compound or land hold. When extraction is complete, the site transitions easily into its next chapter. Granite from this area is high-quality, multi-coloured, and in constant demand for construction, architecture, and landscaping. This is the kind of asset that doesn't come around often - and when it does, it doesn't wait. Rye Road, South River PIN: 520520411 Buyers must have their agent review all attached documents. Please note: the adjacent parcel (MLS # X12353410) with home (2 residential units), garage, barn, 2 ponds and lake is also available. Bottom line: seller wants this sold. If you've been waiting for a 'high ceiling land play' - this is it. Make an offer.
South River land priced at $1,650,000 — book a tour to see if it fits your search.
Inside PT LT 147 CON A LOUNT RYE Rye Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
61
Listing & possession
Property class
Vacant Land
PT LT 147 CON A LOUNT RYE Rye 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® X12353767$1,650,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How PT LT 147 CON A LOUNT RYE Rye Rd Compares to the South River 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
$8,106
/mo
based on the purchase price of $1,650,000
$330,000 cash
$1,320,000 financed
$1,111,786 total interest
Principal54%$1,320,000
Interest46%$1,111,786
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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Book a tour of PT LT 147 CON A LOUNT RYE Rye Rd with a licensed buyer's agent
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Zara · AI virtual agent
Ask about PT LT 147 CON A LOUNT RYE Rye Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Keep looking near PT LT 147 CON A LOUNT RYE Rye Rd
Homes for sale in South River
Every active South River MLS® listing, updated all day.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio92.3%On average, homes sold below asking.
Active listings25Homes for sale here right now.
Median vs prior 90 days−14.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 9 sales from Jul 24 – Oct 22, 2026 (8 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About PT LT 147 CON A LOUNT RYE Rye Rd
How much is PT LT 147 CON A LOUNT RYE Rye Rd listed for?
PT LT 147 CON A LOUNT RYE Rye Rd is listed at $1,650,000 (MLS® X12353767). Summitly updates the price as soon as the MLS® record changes.
Has the price of PT LT 147 CON A LOUNT RYE Rye Rd changed?
No — PT LT 147 CON A LOUNT RYE Rye Rd is still listed at its original asking price of $1,650,000.
How many bedrooms and bathrooms does PT LT 147 CON A LOUNT RYE Rye Rd have?
The listing for PT LT 147 CON A LOUNT RYE Rye Rd doesn't publish its bedroom and bathroom count. It is a lot in South River.
How much would the monthly mortgage be on PT LT 147 CON A LOUNT RYE Rye Rd?
About $8,106 a month — principal and interest on $1,650,000 with 20% down ($330,000), 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 LT 147 CON A LOUNT RYE Rye Rd compare with other homes in South River?
Its asking price of $1,650,000 is about 365% above the median sold price in South River over the last 90 days, $355,000, across 9 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 LT 147 CON A LOUNT RYE Rye Rd been sold before?
Summitly has no earlier MLS® sale or lease of PT LT 147 CON A LOUNT RYE Rye Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is PT LT 147 CON A LOUNT RYE Rye Rd?
PT LT 147 CON A LOUNT RYE Rye Rd is in South River, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has PT LT 147 CON A LOUNT RYE Rye Rd been on the market?
429 days — PT LT 147 CON A LOUNT RYE Rye Rd was listed on August 19, 2025.
What is the lot size of PT LT 147 CON A LOUNT RYE Rye Rd?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on PT LT 147 CON A LOUNT RYE Rye Rd?
About $29,475 in Ontario land transfer tax at the asking price of $1,650,000. 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 LT 147 CON A LOUNT RYE Rye 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 LT 147 CON A LOUNT RYE Rye Rd?
The listing for PT LT 147 CON A LOUNT RYE Rye Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for South River.