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29738 LOT C Talbot Line, Dutton/Dunwich, ON N0L 2M0

Vacant Land
$159,900

Client RemarksNestled in the charming hamlet of Wallacetown, this beautiful vacant property offers the perfect backdrop for your dream home. Enjoy peaceful small-town living while being just a short drive from St. Thomas and Dutton, with quick and convenient access to Highway 401 for commuters. This premium lot provides the ideal blend of country serenity and modern convenience, with municipal water, hydro, and natural gas services available at the road. A septic system will be required. Whether you're looking to escape the bustle of city life or build a retreat in a close-knit community, this property presents an incredible opportunity. Come experience all Wallacetown has to offer - tranquillity, location, and room to grow. The canvas is ready - bring your vision to life! THE NEW HST RULES MAKE THIS EVEN MORE AFFORDABLE TO BUILD

MLS number
X13075980
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0L 2M0
Photos
7
134days · this listing
134days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 603 people.

$89,000Median household income
91.3%Own their home
97.9%Detached houses
45.2Median age
5%Born outside Canada
10.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35340206 — the few blocks around this address, home to 603 people. It describes the area, not this property.

603Population
42.3Average age
2.5Household size
$95,000Average household income
$89,000Median household income
91%Own their home
9%Rent
0%Condominiums
5%Born outside Canada
10%University degree
$472,000Average home value
9%Low income
40%Not in the labour force
20%Never married
Under $5,0002%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over30%
$100,000 to $124,99912%
$125,000 to $149,9999%
$150,000 to $199,9998%
$200,000 and over3%

Percentages are of the 330 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$31,980 · minimum here is $7,995
$708.00per month
Borrowed before insurance$127,920
Total borrowed$127,920
Interest over 25 years at 4.5%$84,481

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$441.00per month out of pocket
Rent$267.00
Everything it costs to hold$708.00
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ELGIN REALTY LIMITED. Listing data provided by the Toronto Regional Real Estate Board.