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148 Margaret Avenue

148 Margaret Avenue

Wallaceburg, Ontario

6 bed • 4 bath • Single Family

$499,999

This large waterfront home sits along the Sydenham River and offers an impressive blend of space, functionality, and lifestyle flexibility for families, investors, or multi-generational living. With approximately 1,900 sq. ft. of finished living space, this large, never-ending home is designed to adapt to your needs—whether that means room for a growing family, creating a second suite, or exploring future Airbnb rental potential. Inside, you’ll find 5 well-sized bedrooms and 4 full bathrooms, including a dreamy primary retreat complete with its own private en suite. Enjoy a bright sunroom overlooking the water, perfect for morning coffee or evening unwinding, along with great accents like butcher block countertops and updated finishes. Outdoors, the property truly embraces waterfront living with direct access to the river, private docking perfect for fishing and boating, and an outdoor deck made for taking in sunrise coffee, evening dinners, or weekend gatherings. A convenient carport adds everyday practicality, and the home is within walking distance to local amenities, giving you both comfort and convenience. With its multifamily potential, waterfront setting, and more space than you could ever need, this property is truly a rare find that grows with you.

Price History

Schools

Elementary

  • H W Burgess Public School0.5 km

    Public · Lambton Kent DSB · 180 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Christ the King Catholic School0.7 km

    Catholic · St Clair CDSB · 230 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 59% met the provincial standard

  • Holy Family Catholic School1.1 km

    Catholic · St Clair CDSB · 220 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 30% met the provincial standard

Secondary

  • Wallaceburg District Secondary School1.1 km

    Public · Lambton Kent DSB · 575 students

    Grade 10 literacy: 75% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N8A

Population
12,624
Private dwellings
5,765
Median age
48
Average household size
2.3
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Wallaceburg · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in Wallaceburg over the last 12 months.

Location

Mortgage Calculator

$100,000

Estimated Monthly Payment

$2,456

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,456/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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