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Espanola, Ontario

Multi-family

$285,000

Welcome to 75 Spruce St! This charming duplex offers a rare blend of character, space, and potential. This well-maintained century home has been proudly owned by the same family since the 1970s, and its timeless appeal is evident throughout. Featuring two spacious 3-bedroom units and a large unfinished basement, this property is ideal for a variety of buyers. Whether you're looking to live in one unit while generating rental income, renovate and maximize its full investment potential, or accommodate a multi-generational living arrangement. Each unit offers generous living space, classic architectural details, and plenty of natural light. Set on a large lot, there’s ample outdoor space for parking, gardening, or future improvements. The home retains much of its original charm, with unique character you simply won’t find in newer builds. While the property could benefit from some TLC, it presents an excellent opportunity to modernize and add value, and create something truly special. Whether you're an investor or a buyer with vision, this is a solid property with strong upside. Don’t miss your chance to own a piece of Espanola’s history with this versatile and character-filled duplex.

Price History

Schools

Secondary

  • Espanola High School0.2 km

    Public · Rainbow DSB · 505 students

    Grade 10 literacy: 75% met the provincial standard

  • École secondaire catholique La Renaissance0.5 km

    French Catholic · CSDC du Nouvel-Ontario

    Grade 10 literacy: 81% met the provincial standard

Elementary

  • École élémentaire catholique La Renaissance0.5 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 School0.5 km

    Catholic · Huron-Superior CDSB · 255 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • A B Ellis Public School1.6 km

    Public · Rainbow DSB · 260 students

    Grade 3 reading: 92% met the provincial standard · Grade 6 math: 46% 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 P5E

Population
5,427
Private dwellings
2,704
Median age
49.2
Average household size
2.2
Median household income
$78,500

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.

Location

Mortgage Calculator

$57,000

Estimated Monthly Payment

$1,400

Investment Analysis

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

Mortgage: $1,400/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $71/mo

Estimates only. Consult a financial advisor.

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