For saleMLS® X14119502

Land in Rural Central Elgin, Central Elgin

Rural Central Elgin, Central Elgin · View map

$1,200,000
2Beds
5Sq ft
LandType
NoneParking
$6,246/yrTaxes
$1,200,000
FreeholdNo monthly condo fee
Lot 301.1 x 700 ftThe land comes with the home

About this home

Explore the possibilities on approximately 5 picturesque acres at 42687 Water Tower Line in Central Elgin. House and shop to be retained by Seller. Beautiful trees, natural surroundings and a scenic Kettle Creek setting close to Waterworks park create an exceptional backdrop for a private estate or potential development of premium residential lots. Conveniently located within a short commute of London and St. Thomas, this property combines country appeal with easy access to city amenities. Potential configurations could include a single estate lot or residential subdivision subject to all required approvals. No final lot configuration has been established. Buyers are responsible for completing all due diligence regarding zoning, servicing, severance or subdivision potential, permitted uses and development approvals.

The home

Type
Land
Square footage
5 sq ft
Bedrooms
2
Kitchens
1
Lot size
301.1 x 700 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating fuel
Ground Source

Garage & parking

Total parking
None

Taxes & other

Property taxes
$6,246/yr
Tax year
2025
Occupancy
Owner
Possession
flexible
Neighbourhood
Rural Central Elgin

More

MLS® number
X14119502

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$5,361per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    Rural Central Elgin, Central Elgin

    Rural Central Elgin, Central Elgin

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    Questions & answers

    Frequently asked questions about Land in Rural Central Elgin

    Answers come straight from this home’s MLS® listing.

    How much is Land in Rural Central Elgin listed for, and what would it cost each month?

    Land in Rural Central Elgin is listed for $1,200,000. With 20% down ($240,000), the mortgage payment would be roughly $4,840 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,361 a month, all in. That figure is an illustration, not a quote.

    Is Land in Rural Central Elgin freehold or a condo, and is there a monthly fee?

    Land in Rural Central Elgin is a land in Rural Central Elgin, Central Elgin. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does Land in Rural Central Elgin have?

    Land in Rural Central Elgin has 2 bedrooms.

    Does Land in Rural Central Elgin have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is Land in Rural Central Elgin?

    Land in Rural Central Elgin is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is Land in Rural Central Elgin, and what is the lot size?

    The lot is listed as 301.1 x 700 ft.

    How is Land in Rural Central Elgin heated and cooled?

    Heating is (ground source). The listing does not show air conditioning.

    What are the property taxes for Land in Rural Central Elgin?

    Property taxes are $6,246 a year (2025), or about $521 a month.

    Where is Land in Rural Central Elgin?

    Land in Rural Central Elgin is in the Rural Central Elgin community of Central Elgin.

    Is Land in Rural Central Elgin still for sale?

    Yes. It is an active listing (MLS® X14119502). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near Land in Rural Central Elgin asking?

    Similar properties for sale nearby right now include 14110 Bemont Road E at $1,299,900, 46930 Sparta Line at $939,900 (2+1 bed) and 46382 Mapleton Line at $899,900 (2+1 bed). These are asking prices, not sold prices.

    How do I book a showing at Land in Rural Central Elgin?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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