V/L Otter LINE
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. (id:50861)
Property details
- Property type
- Vacant Land
- Building type
- No Building
- Lot size
- 130.62 / 130.62 AC
- Annual taxes
- $7,589
- MLS® number
- 26013409
Mortgage calculator
Estimate only, using Canadian semi-annual compounding. Excludes property tax, home insurance and mortgage default insurance (required with less than 20% down). Talk to a lender for an exact quote. More calculators: insurance, affordability, land transfer tax →
Location
Listed by: ROYAL LEPAGE PEIFER REALTY, Brokerage. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.