Gurvinder Nokwal REALTOR®
For Sale Vacant Land 235 days on market

$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

Map

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

Minimum for this price: $125,000 (8.33%)

Amortization, years

Estimated mortgage payment

$6,642 per month

Principal and interest
$6,642
Property tax
$56
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
Total, before legal fees
$326,475
Talk to me about financing

Estimates 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

Parts 3 and 8 of Lots 5/6 Lunn Lane, Dutton/Dunwich, ON N0L 2M0 Wallacetown, Dutton/Dunwich, ON N0L 2M0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,499,999 Parts 3 and 8 of Lots 5/6 Lunn Lane, Dutton/Dunwich, ON N0L 2M0
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