trreb/IMG-X14119498_79ee404d944299f63fecf1f47e19b48df806683cdadf31f605d93fdb59a1ce8e.jpg
5 days on Market

42687 Water Tower Line, Central Elgin, Ontario N5P 3T1

Detached
-
-
~< 700 sqft
$1,200,000
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Detached
-
-
~< 700 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$857/sqft

Monthly cost

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Description

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.


Property Details

StyleOther
View-
Age of property-
SqFt~< 700 SqFt
Lot Size210,798 SqFt(700 x 301.14)
Parking Spaces-
MLS ®NumberX14119498
Community NameCentral Elgin
Data SourceTRREB
Listing byCALL IT CLOSED INTERNATIONAL BROKERAGE

Features

Heating: Other

Features

Lot size: 210,798 SqFt

Property History

Oct 27, 2026
Listed for
$1,200,000
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Listed
$•••,•••
5 days on market
history photo preview30
Listing by trreb®
Property listed by CALL IT CLOSED INTERNATIONAL BROKERAGE, Brokerage
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Market Data - Central Elgin

Geo Zone Map ThumbnailCentral Elgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2025

40 days

2024

61 days

2023

40 days

New Listings

Past 30 days

40 listings

Compared to

2025

27 listings

2024

24 listings

2023

58 listings

Units sold

Past 30 days

7 units

Compared to

2025

15 units

2024

22 units

2023

26 units

Median Sold Price

Past 30 days

$590,000

Compared to

2025

$645,000

2024

$630,000

2023

$717,500


Population and Demographics

Overview

Total population 15810
Average household income $127,633

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
18%
50 to 64
25%
65 and plus
23%

Household composition (%)

Single family
76%
Single person
22%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
94%
Others
5%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget