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Espanola, Ontario

Vacant Land

$1,400,000

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

49

Walk

45

Bike

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.

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