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Espanola, Ontario
Vacant Land
Prime Development Opportunity in Espanola! Discover 31 acres of prime residential land in the growing town of Espanola. A total of 12.68 acres are included in the town's urban service boundary, making this an ideal site for residential development. Zoned R1-H, the property allows for single family detached homes, duplexes, four plex's, group homes and more- offering flexibility for builders and investors. Remaining land is suitable for large scenic estate lots. Municipal services are ready to support this great development site: Sanitary system capacity is sufficient for this project. Water supply is sufficient for this project. No development charges for this development site. An excellent opportunity to invest in Espanola's expanding residential market and being part of the innovative of a growing Northern Ontario community. Taxes to be determined.
Price History
Schools
Elementary
- A B Ellis Public School0.6 km
Public · Rainbow DSB · 260 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 46% met the provincial standard
- École élémentaire catholique La Renaissance1.2 km
French Catholic · CSDC du Nouvel-Ontario · 185 students
Grade 3 reading: 14% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Sacred Heart Catholic School1.3 km
Catholic · Huron-Superior CDSB · 255 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- École secondaire catholique La Renaissance1.2 km
French Catholic · CSDC du Nouvel-Ontario
Grade 10 literacy: 81% met the provincial standard
- Espanola High School1.5 km
Public · Rainbow DSB · 505 students
Grade 10 literacy: 75% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P3E
- Population
- 29,132
- Private dwellings
- 14,139
- Median age
- 46
- Average household size
- 2.1
- Median household income
- $85,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Walk Score
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Scores by Walk Score®
Location
Mortgage Calculator
$280,000
Estimated Monthly Payment
$6,878
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,878/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $350/mo
Estimates only. Consult a financial advisor.