Con 3 Eagle Lake Road
South River, ON
- Vacant Land
- 66 days on market
Approx. 45 Acres of Prime Development Land with draft-plan 101-Lot Subdivision Plan in South River, Ontario. An exceptional opportunity for developers and builders to acquire a large-scale residential development parcel in a municipality that actively supports growth and investment.South River offers a significant cost advantage with NO REGIONAL DEVELOPMENT CHARGES and additional incentives available through the municipality's Community Improvement Plan, including potential tax benefits for qualifying projects. The Village's Official Plan supports a diverse range of housing options, including single-family homes, townhomes, affordable housing, multiplexes, apartment buildings, secondary suites, and other innovative housing solutions.Existing infrastructure includes municipal water, natural gas, and fibre-optic internet, providing a strong foundation for future development. (Private septic systems required.)Located in the scenic Almaguin Highlands, just south of North Bay, South River is an attractive destination for families, retirees, outdoor enthusiasts, and remote workers seeking affordable housing and a high quality of life. Residents enjoy easy access to Algonquin Provincial Park, Eagle Lake, and Mikisew Provincial Park, making the area a year-round recreation hub.A growing economic base, supported by local employers, tourism, and expanding community services, continues to drive housing demand throughout the region. With approvals in place and strong municipal support for development, this property presents a rare opportunity to bring a residential project to market in an emerging Northern Ontario growth corridor.**Seller may consider holding a short-term Vendor Take Back (VTB) mortgage of up to $200,000 for qualified purchasers. Please note approx. 2 acres was severed off as 2 individual 1 acre building lots at the end of Poplar street- ideal for model homes and sales office to be built.
Listing Details
- Taxes (2025)
- $1,278
- Listed
- July 2, 2026
Price History
Property
- Lot Size
- 836.15 x 1321.7 Feet
Location & Legal
- Cross Street
- Ottawa Avenue & Eagle Lake Road
- Zoning
- R1 - residential
- Parcel Number
- 520590003
- Possession
- Immediate
- Occupancy
- Vacant
Schools
Elementary
- South River Public School0.1 km
Public · Near North DSB · 170 students
Grade 3 reading: 33% met the provincial standard · Grade 6 math: 21% met the provincial standard
Secondary
- Almaguin Highlands Secondary School0.6 km
Public · Near North DSB · 570 students
Grade 10 literacy: 64% 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 P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
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
Residential Freehold in South River · last 12 months
- Median sold price
- $417,500
- Homes sold
- 22
- Median days on market
- 50
- Sale-to-list price
- 93.9%
Based on 22 recorded sales of residential freehold properties in South River over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
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Location
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Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $107/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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