26 & 28 Algoma Street
Spanish, Ontario
- 3 bed
- 1 bath
- Single Family
Two Properties for the Price of One! Opportunity knocks at 26 & 28 Algoma Street in the charming community of Spanish. Sitting on a massive lot of over 18,800 square feet with an impressive 213+ feet of frontage, this unique property offers endless potential for investors, builders, or buyers looking for a project in a prime central location close to all amenities. The existing home was formerly a 3-bedroom, 1-bathroom residence and is now stripped down to the shell, providing a blank canvas for your vision. Whether you choose to restore, rebuild, or redevelop, the possibilities here are wide open. Municipal water and sewer services are available, however buyers are advised to verify connection status and future use requirements. Adding even more value is the huge detached garage, perfect for storage, a workshop, or hobby space. Step into the backyard and enjoy the natural beauty of the river and waterfalls flowing behind the property, creating a peaceful setting rarely found in town. With two lots being sold together and an incredible amount of space, this is a rare chance to secure a property packed with potential in a desirable location. Bring your ideas and transform this one-of-a-kind opportunity into something truly special.
Price History
Schools
Elementary
- École élémentaire Sainte-Anne0.7 km
French Catholic · CSDC du Nouvel-Ontario
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board.
Community
Postal area P0P
- Population
- 20,285
- Private dwellings
- 12,782
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $64,000
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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Location
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Mortgage Calculator
$19,980
Estimated Monthly Payment
$491
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $491/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $25/mo
Estimates only. Consult a financial advisor.
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