2 days on Market

5207 88 Line, Wallaceville, Ontario N0G 1Y0

Detached
3
2
~3115 sqft
$500,000
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Detached
3
2
~3115 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$160/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$2,704/yr

Days On Market2 days


Description

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 won’t 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!


Property Details

Style1.5 Storey
View-
Age of property-
SqFt~3115 SqFt
Lot Size7,954 Ac(97 x 82)
Parking Spaces6
MLS ®Number40707258
Community NameNorth Perth
Data SourceITSO
Listing byRE/MAX Twin City Realty Inc.

Features

Heating: Electric, Fireplace-Wood, Forced Air, Propane
Central Vacuum
Basement: Partial, Unfinished, Sump Pump

Basement Floor

Storage

12.95 x 5.69

Recreation Room

8.41 x 4.90


Features

Lot size: 7,954 Ac
Septic Tank

Parking

Garage spaces 2

Garage type -

Other parking spaces 4

Total parking spaces 6


Property History

May 14, 2025
ListedActive
$500,000
2 days on market
history photo preview50
Listing by itso®
Property listed by RE/MAX Twin City Realty Inc., Brokerage
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Market Data - North Perth

Geo Zone Map ThumbnailNorth Perth

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

59 days

Compared to

2024

25 days

2023

37 days

2022

7 days

New Listings

Past 30 days

54 listings

Compared to

2024

53 listings

2023

39 listings

2022

56 listings

Units sold

Past 30 days

21 units

Compared to

2024

40 units

2023

35 units

2022

37 units

Median Sold Price

Past 30 days

$675,000

Compared to

2024

$705,000

2023

$672,750

2022

$619,900


Population and Demographics

Overview

Total population 15736
Average household income $114,362

Age (%)

0 to 19
27%
20 to 34
20%
65 and plus
19%
50 to 64
18%
35 to 49
17%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
German
4%
Plautdietsch
2%
Dutch
2%

House tenancy (%)

Owners
71%
Renters
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget