Homula Realty Brokerage
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501 Guy Welsh Drive, Drummond/North Elmsley, ON K7H 3C7

4 beds · 2 baths · 1 kitchen · 10 rooms · 6 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$906,107

TO BE BUILT! The Morewood Model by Park View Homes offers approximately 1800 sq. ft. of thoughtfully designed living space in the peaceful community of Burns Farm Estates, just outside the historic Town of Perth. Ideally located for commuters to Ottawa and Kingston, this welcoming new subdivision combines rural tranquility with everyday convenience, spacious lots and the opportunity to personalize your finishes, from flooring and cabinetry to kitchen details and tile selections. This ENERGY STAR certified home is designed for modern comfort and efficiency, with an optional walkout basement upgrade available. Featuring 4 bedrooms and 2 bathrooms, the bright open-concept layout is ideal for families, professionals, or retirees alike. The main floor showcases soaring 9-foot ceilings, wide-plank flooring, and spacious living and dining areas filled with natural light. The stylish kitchen is finished with quartz countertops, tile backsplash, and sleek designer cabinetry, creating a functional and inviting heart of the home.The primary bedroom offers a peaceful retreat, while additional bedrooms provide flexible space for family, guests or a home office. Built with quality and performance in mind, this home includes triple-glazed windows and energy-efficient systems designed to enhance year-round comfort while reducing utility costs. Covered front and rear porches provide the perfect spaces to relax, entertain, or enjoy the surrounding natural setting.Surrounded by nature and thoughtfully planned for comfortable living, Burns Farm Estates offers country living at its finest without sacrificing modern conveniences. Buy with confidence from trusted local builder Park View Homes, backed by a full Tarion warranty. **Price reflects potential HST rebate credits for qualifying buyers; subject to eligibility and final government implementation.**

MLS number
X13103902
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
K7H 3C7
Photos
50
Laundry
Main Level level
128days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Drummond/North Elmsley — 157 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$562k$738k$913k20252026this home’s asking price
$697klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d37d75d20252026
38dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in drummond/north elmsley. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 613 people.

$93,000Median household income
97.9%Own their home
89.6%Detached houses
45.2Median age
3.7%Born outside Canada
8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35090181 — the few blocks around this address, home to 613 people. It describes the area, not this property.

613Population
42.4Average age
2.6Household size
$113,000Average household income
$93,000Median household income
98%Own their home
2%Rent
0%Condominiums
4%Born outside Canada
8%University degree
$464,000Average home value
8%Low income
53%Not in the labour force
22%Never married
$20,000 to $24,9993%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over31%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9997%
$200,000 and over7%

Percentages are of the 340 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$181,221 · minimum here is $65,611
$4,124.39per month
Borrowed before insurance$724,886
Default insurance premium, added to the loan$20,297
Total borrowed$745,183
Interest over 25 years at 4.5%$492,133

If you rented it out

-$4,124.39per month out of pocket
Rent$0.00
Everything it costs to hold$4,124.39
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.