Listed for:Listed today
$1,200,000

42687 Water Tower Line

Central Elgin (Rural Central Elgin), ON N5P 3T1

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 42687 Water Tower Line, Central Elgin, Rural Central Elgin

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 42687 Water Tower Line, Central Elgin, Rural Central Elgin

Summarized Description

  • Approximately 5 acres of land available.
  • Scenic location near Kettle Creek.
  • Ideal for private estate or development.
  • Short commute to London and St.
  • Thomas.
  • Natural surroundings with beautiful trees.
  • Potential for premium residential lots.
  • Buyers must conduct due diligence.
  • No established final lot configuration.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,246
Land Transfer Tax Fee
$20,475

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
301.14 ft
Lot Depth
700.00 ft
Lot Size
301.14 x 967.11 Feet
Lot Size Code
301.14 x 967.11 Feet

Heating & Cooling

Heat Source
Ground Source
Heat Type
Other
Air Conditioning
No
Water
Municipal
Sewers
Septic

Bedrooms
2
Kitchens
1

Room sizes

  • Kitchen5.99 x 4.24
    Main level
  • Primary Bedroom3.84 x 3.23
    Main level
  • Living Room8.79 x 6.32
    Main level
  • Bedroom 23.76 x 2.74
    Main level
  • Office3.38 x 1.93
    Main level
  • Recreation10.46 x 8.94
    Basement level

Area
St. Thomas
Municipality
Central Elgin
Neighbourhood
Rural Central Elgin
Main cross streets
Water Tower Line
Zoning
Estate Residential
Directions
Heading North on Wellington out of St. Thomas, turn right onto Water Tower Line

MLS® number
X14119502
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-27
Updated on
2026-10-27
Days on market
0 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
Call It Closed International Brokerage

Home Market Value

Current home valuation for 42687 Water Tower Line, Central Elgin, Rural Central Elgin, Central Elgin, ON. Listed for $1,200,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 42687 Water Tower Line, Central Elgin, Rural Central Elgin

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Central Elgin, ON
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $700,000 over $500K

Minimum down payment

$95,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,160$33,480$28,560$0
=Total mortgage
$1,148,160$1,113,480$1,048,560$960,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,606monthly$5,437monthly$5,120monthly$4,687monthly
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Land Transfer Tax

Provincial

$20,475

Total Land Transfer Tax

$20,475

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