V/L Otter LINE
Wallaceburg, Ontario
MLS® 26013409
$3,400,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 26013409
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Attention developers and investors — here is a rare opportunity to acquire 130. 62 acres of land located within the urban boundary of the town of Wallaceburg. Currently being utilized as productive cash crop acreage, this exceptional parcel is being offered at approximately $26,000 per acre.
With its strategic location and substantial size, the property presents outstanding future potential for development, investment, or long-term land banking opportunities. Present zoning on the property is a combination of Residential Low Density, Residential Medium Density, Open Space, Deferred Development, and Hazard Land, providing a wide range of future planning and development possibilities subject to municipal approvals. The property is located on the south side of Otter Line and also fronts on the east side of Water St and Main St.
The property has considerable frontage on the south side of Otter Line to the east of Water St. The parcel is irregular in shape and is bisected by Otter Creek.
Property summary
- MLS® number
- 26013409
- Property type
- Vacant Land
- Building type
- No Building
- Title
- Freehold
- Land size
- 130.62 / 130.62 AC
- Annual property taxes
- $7,589.39
- Days on market
- 110 days
What would this home cost you?
Based on the $3,400,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE PEIFER REALTY, Brokerage, CHATHAM.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.