Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

8833 Confederation Line, Warwick, ON N0M 2S0

3 beds · 1 bath · 7 rooms · 11 parking spaces · 1500-2000 sq ft · Detached
$300,000
Property tax
$2,221 / year

Opportunity awaits at 8833 Confederation Line, Watford. Situated on approximately two-thirds of an acre in Lambton County, this unique property offers a rare opportunity to own and reimagine a piece of local history. Originally constructed in 1882, this former church features approximately 2,000 square feet of interior space with room to grow and has previously been used as both a church and a single-family residence. Full of character, the property showcases historic charm, solid construction, cathedral-style ceilings, arched windows, wainscotting, and a flexible layout ready for your vision. Whether you are a renovator, investor, entrepreneur, or someone looking to create a truly one-of-a-kind home, this property offers a blank canvas with endless potential, subject to municipal approvals. The property also includes a detached garage/workshop offering over 400 square feet of space with a concrete floor, ideal for storage, hobbies, equipment, a workshop, or a future man cave or she-shed.Located just west of London and within easy reach of Sarnia, with convenient access to Highway 402, this property combines rural space, historic character, and future potential. The property is being sold in "as is, where is" condition with no representations or warranties. Qualified purchasers should be prepared to to conduct their own due diligence regarding zoning, permitted uses, financing, and future development potential. A rare opportunity to own a piece of Lambton County history and bring your vision to life.

MLS number
X13418376
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
N0M 2S0
Photos
36
94days · this listing
94days · 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.

Matched to a published address point for this address.

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 530 people.

$84,000Median household income
86%Own their home
84.1%Detached houses
44.8Median age
10.3%Born outside Canada
7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35380260 — the few blocks around this address, home to 530 people. It describes the area, not this property.

530Population
42.7Average age
2.4Household size
$86,000Average household income
$84,000Median household income
86%Own their home
14%Rent
0%Condominiums
10%Born outside Canada
7%University degree
$416,000Average home value
9%Low income
74%Not in the labour force
18%Never married
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9997%
$100,000 and over28%
$100,000 to $124,99914%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over4%

Percentages are of the 285 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.

$60,000 · minimum here is $15,000
$1,328.34per month
Borrowed before insurance$240,000
Total borrowed$240,000
Interest over 25 years at 4.5%$158,501

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.

-$1,013.42per month out of pocket
Rent$500.00
Everything it costs to hold$1,513.42
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 SUTTON GROUP - SELECT REALTY. Listing data provided by the Toronto Regional Real Estate Board.