
5207 88 Line
North Perth (Wallace), ON N0G 1Y0
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 3000–3500Sq Ft
- $3,099Tax
- 83×97 ftLot Size
- Estimated Value:$1,014,725See Free Estimate Report

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About 5207 88 Line, North Perth, Wallace
GENEROUS, FLEXIBLE SPACE WITH ENDLESS POTENTIAL! Unique opportunity offering more than 3,500 sq ft of finished space, including an impressive 500 sq ft of finished bonus area in the garage perfect for a studio, office, gym, or creative space. This spacious 3-bedroom home is located in the quiet hamlet of Wallaceville and boasts over 3,000 sq ft of above-grade living, PLUS 500 sq ft of versatile finished garage space. Whether you're a hobbyist, entrepreneur, or looking for multi-generational living options, this property has it all. Inside, the main level features a full kitchen, 4-piece bath, and a oversized flex space. Upstairs, you'll find another kitchen, two additional bedrooms, a full bath, and expansive living areas ideal for an in-law setup. The detached shop includes an upper-level rec room, making it a dream for business owners, craftsmen, or anyone needing serious workspace. And here's the game-changer: this property is zoned Hamlet Commercial, opening the door to countless possibilities home-based business, retail, office, studio, or more! Conveniently located just 10 minutes to Listowel and 25 minutes to Elmira, this home combines rural charm with easy access to everyday amenities. With this square footage, zoning flexibility, and WOW check out this price range you wont find better value. The possibilities here are truly endless. Don't miss out. Contact your agent today for a private viewing of this one-of-a-kind property!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,099
- Land Transfer Tax Fee
- $6,475
Rental Items
- Rental Equipment
- Propane Tank
- Under Contract
- Propane Tank
- Basement Type
- Partial Basement, Unfinished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Sump Pump, Water Heater
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room, Wood
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Landscaped
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Metal
- Foundation Details
- Poured Concrete, Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 82.50 ft
- Lot Depth
- 97.00 ft
- Lot Size
- 0.18
Inclusions
- Inclusions
- any appliances as is condition
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Bedroom—Main level
- Dining Room—Main level
- Great Room—Main level
- Kitchen—Main level
- Laundry—Main level
- Living Room—Main level
- Bedroom—Second level
- Family Room—Second level
- Kitchen—Second level
- Primary Bedroom—Second level
- Recreation—Basement level
- Utility Room—Basement level
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- North Perth
- Neighbourhood
- Wallace
- Main cross streets
- Road 146/ Line 88
- Zoning
- HVC
- Directions
- Corner of Road 146 and Line 88
- MLS® number
- X12148168
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-05
- Listed on
- 2025-05-14
- Days on market
- 22 days
- Possession type
- Immediate
- Co-op commission
- 2.25
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for 5207 88 Line, North Perth, Wallace, North Perth, ON. Listed for $500,000
HOMEH Estimate
$1,014,725
Estimated Sales Range
$710,308 - $1,319,143
HOMEH Estimate for 5207 88 Line, North Perth, Wallace
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
5% of purchase price for homes $500K or less
$25,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $19,000 | $13,950 | $11,900 | $0 |
=Total mortgage | $494,000 | $463,950 | $436,900 | $400,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,412monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,475
$6,475
Around this home
No schools found nearby
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