$1,499,999
Est. payment $6,642/moCalculate yours
Parts 3 and 8 of Lots 5/6 Lunn Lane, Dutton/Dunwich, ON N0L 2M0
Wallacetown, Dutton/Dunwich, ON N0L 2M0
Listing courtesy of REVEL REALTY INC. MLS® X12821254
About this home
Incredible development potential in the heart of Wallacetown! 4.1 acres of farmland ready to be turned into a sub division. Proposed engineered plan of 18 residential building lots available. Servicing, and stormwater study has been completed; pending approval of municipality. This parcel of land is located just 5 minutes from Dutton and 30 minutes to the edge of London, On. 4.1 Acres compromised of two parcels plus road allowance off of Lunn Lane. Previous owner had plans created where road currently is planned. (Water utilities are under proposed road). Hydro and Gas are at the lot line. Zoned Hamlet residential, agricultural usage currently. All documents pertaining to lot, survey, and zoning available through listing agent. As shown on Geowarehouse.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Extension
Lot & Parking
- Lot Size
- 313.02 x 446.48 Feet
- Zoning
- Hamlet Residential
Financial
- Property Taxes
- $671 (2025)
Location
- Neighbourhood
- Wallacetown
- Cross Street
- Lunn Lane/Gunn St
- Direction Faces
- South
Listing
- MLS® Number
- X12821254
- Days on Market
- 235
- Listed On
- 2026-02-25
- Listed By
- REVEL REALTY INC.
Mortgage calculator
Estimated mortgage payment
$6,642 per month
- Principal and interest
- $6,642
- Property tax
- $56
- Condo fees
- $0
- Estimated monthly cost
- $6,698
Your mortgage
- Mortgage amount
- $1,199,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $792,502
Cash to close
- Down payment
- $300,000
- Land transfer tax
- $26,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $326,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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