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57 Fraser Avenue

57 Fraser Avenue

Onaping, Ontario

Vacant Land

$250,000

Investment meets ease in the quiet community of Onaping. Situated just 35-minutes from Sudbury, this 3 acre parcel is the perfect project for developers, builders, or savvy investors looking to capitalize on Northern Ontario's housing demand. The work involved in subdividing and zoning is already done. Currently held as a single parcel until severance is registered with the city, it offers the unique flexibility to either follow the existing plan or pivot to a strategic layout as per the current completed survey. Lots 2-3 each features approximately 60’ frontage with expansive depths of 245’ to 300’ plus. (see survey) Lot 4 being the balance of the acreage, boasting 424’ of frontage on Fraser Avenue. (see survey) A strategic buyer may also benefit from significant HST savings by choosing to register the final splits themselves. The R2-2 zoning versatility currently permits Single Family, Duplex, and Semi-Detached builds, with high potential for a Multi-Family development. Municipal water and sewer are located on Fraser Ave. ""The Buyer is responsible for verifying all the information from an independent source""

Price History

Schools

Elementary

  • Levack Public School2.4 km

    Public · Rainbow DSB · 125 students

    Grade 6 math: 30% 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 P0M

Population
49,727
Private dwellings
24,862
Median age
46.8
Average household size
2.3
Median household income
$86,000

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.

Local market

Vacant Land in Onaping · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of vacant land properties in Onaping over the last 12 months.

Location

Mortgage Calculator

$50,000

Estimated Monthly Payment

$1,228

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,228/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $63/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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