Frontside or backside of a home, the street view for 50304 John Wise Line, Luton Ontario N5H 2R5
1 year on Market

50304 John Wise Line, Luton, Ontario N5H 2R5

Detached
-
-
- sqft
$1,300,000
Get pre-qualifiedPowered by Neo Mortgage
Detached
-
-
- sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,583/mo

Tax Amount (2022)$1,000/yr

Days On Market1 year


Description

Beautiful 15.47 Acre Parcel Located just outside Aylmer, in the Quaint town of Luton. Potential to severe multiple lots off of the main parcel for future development. Seller will Consider VTB. Could Be a great opportunity to potentially build a sub division, condo's, or Multi-plexs. Possible Zoning Changes would require county approval. Buyer to do due diligence. Three potential building lots that connect to John Wise Road. You could potentially severe, two at 64.24 ft. frontage, and one at 95.58 ft. frontage. All have a depth of 250 ft. The remaining 14 acres of field/Bush is located behind the three potential building lots and is currently being used to grow soy beans.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size183,321 Ac(818 x 224.11)
Parking Spaces-
MLS ®Number40493693
Community NameMalahide
Data SourceITSO
Listing byColdwell Banker G.R. Paret Realty Limited Brokerage

Features

Lot size: 183,321 Ac

Property History

Oct 2, 2023
ListedActive
$1,300,000
1 year on market
history photo preview20
Listing by itso®
Property listed by Coldwell Banker G.R. Paret Realty Limited Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Malahide

Geo Zone Map ThumbnailMalahide

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

56 days

Compared to

2024

46 days

2023

38 days

2022

12 days

New Listings

Past 30 days

32 listings

Compared to

2024

30 listings

2023

30 listings

2022

44 listings

Units sold

Past 30 days

11 units

Compared to

2024

20 units

2023

16 units

2022

39 units

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$556,250

2023

$600,000

2022

$700,000


Population and Demographics

Overview

Total population 17209
Average household income $110,518

Age (%)

0 to 19
28%
50 to 64
19%
20 to 34
18%
65 and plus
18%
35 to 49
17%

Household composition (%)

Single family
74%
Single person
23%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
74%
German
11%
Plautdietsch
8%
Others
3%
Dutch
2%
Low German
1%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget