South Side Otter Line
Wallaceburg, Ontario
- Vacant Land
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.
Price History
Schools
Elementary
- Christ the King Catholic School0.9 km
Catholic · St Clair CDSB · 230 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 59% met the provincial standard
- H W Burgess Public School1.1 km
Public · Lambton Kent DSB · 180 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Wallaceburg DSS-Gr. 7 & 81.7 km
Public · Lambton Kent DSB · 140 students
Secondary
- Wallaceburg District Secondary School1.6 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
Vacant Land 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 vacant land properties in Wallaceburg over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$680,000
Estimated Monthly Payment
$16,703
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $16,703/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $850/mo
Estimates only. Consult a financial advisor.
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