5207 88 Line, North Perth, ON

$500,000
MLS#:X12148168
3 beds
2 baths
3000-3500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Wallace. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $500,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 82.5 x 97 ft lot
  • Features a ["partial basement", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump, Water Heater
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

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!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 5, 2025
Sold price information is available to members only
Listed Date5/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size82.5 × 97 Feet
CountyPerth
Annual Tax$3,099
Legal DescriptionPT LOT 6, CONCESSION 4 WALLACE , AS IN R379368 ; NORTH PERTH

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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5207 88 Line, North Perth, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5207 88 Line, North Perth, ON N0G 1Y0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$400,000
Monthly Mortgage$2,324
Property Tax (Est.)$258
Utilities & Maint.$350
Total Monthly Cost$2,932

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in North Perth.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wallace, North Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$840,135

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

North Perth Westfield
Public955 Binning Street West, North Perth, Ontario, N4W 0G3
3.0
Listowel Eastdale
Public365 Nichol Avenue South, North Perth, Ontario, N4W 2M3
7.5
St Mary's
Public1209 Tremaine Avenue South, North Perth, Ontario, N4W 3G9
7.6

Secondary Schools

Listowel
Public155 Maitland Avenue South, North Perth, Ontario, N4W 2M4
5.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.