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For saleMLS® 26013409

V/L Otter Line

Wallaceburg, N8A4L2

$3,400,000

Type
Land

About this home

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 details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$7,589 (2025)
Time on market
147 days on market

Location

Thinking about the area? Read my guide to Wallaceburg.

Estimate your payment

20% down. The minimum on this price is $680,000.

Your monthly payment

$15,054

Mortgage amount
$2,720,000
Interest over the amortization
$1,796,339

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: ROYAL LEPAGE PEIFER REALTY, Brokerage.

Listing courtesy of the Chatham-Kent Association of REALTORS. MLS® 26013409.

Measurements are deemed reliable but not guaranteed.

Listing data provided by the Chatham-Kent Association of REALTORS through the REALTOR.ca Data Distribution Facility (DDF®) of The Canadian Real Estate Association. Information is deemed reliable but not guaranteed.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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