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Primary Property View
Featured Imagery
Tertiary Property View
Exceptional Property

118 Bay Street, Drummond/North Elmsley

$598,000
1 + 2 Bedrooms
2 Bathrooms
null sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

Other

Year Built

N/A

Square Footage

N/A

Bedrooms

1 + 2 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Welcome to your PRIVATE Waterfront Dream Retreat! Perfectly positioned just off Highway 7 between Carleton Place and Perth, this exceptional hi-ranch home offers the best of serene waterfront living. Nestled on Mississippi Lake, this 3-bedroom, 2-bathroom residence includes PRIVATE exclusive deeded access to the water and your own private dock idea...

MLS Number

X12230034

Listed By

TRINITYSTONE REALTY INC.

Last Updated

Aug 13, 2025, 4:06 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
Other

Climate Control & Utilities

Heating System
Forced air, Propane

Exterior & Surroundings

Exterior Construction
Vinyl siding
Foundation
Concrete

Additional Amenities

Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
41
New
MLS# X12230034
List Date
Jun 18, 2025, 6:26 p.m.
List Price
$598,000
Property Type
Sale
Bedrooms
1
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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