Welcome to this remarkable land located in the coveted neighborhood of Rural Central Elgin. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,945,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
A prime future development opportunity in St. Thomas. This 9.7-acre site offers exceptional potential for a range of commercial and light industrial uses, well positioned to benefit from the region's accelerating growth. The property is strategically located along Highway 3 and in close proximity to the Volkswagen PowerCo St. Thomas Gigafactory, providing excellent access and exposure within a rapidly expanding employment corridor. There is considerable interest and activity in lands surrounding St. Thomas, driven by ongoing population growth and significant economic investment in the region, supporting future demand for commercial services and light industrial space. The property is situated within an area currently under review as part of the Municipality of Central Elgin's "Rethink Zoning" initiative, through which broader commercial and light industrial permissions are expected to be introduced. Whether for future warehousing, service commercial, contractor yards, self-storage, or flex industrial development, this site represents a compelling opportunity to position ahead of growth in one of Ontario's fastest-developing regions.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 44251 Talbot Line, Central Elgin, ON N5P 3S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Central Elgin.
About Purchasing a Home in Central Elgin, ON
For a property listed at $2,945,000 in Central Elgin, the legal minimum down payment is $589,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $60,100 for this transaction. As this listing is in Central Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $60,100.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.