PT LT 8 Queensway Avenue, Espanola

$999,900
PT LT 8 Queensway Avenue

$999,900

New
8d
Land

PT LT 8 Queensway Avenue, Espanola

Total Monthly Obligation $4,504

Beds
0
Baths
0
Park
0
DOM
8d
Property Type-Land
MLS® Number-X14081700
Beds-0
Lot Size-302.35 × 302.03 ft
Listed on site-Oct 15, 2026
Building Type-Land
Taxes-$1,153.09 (2026)
Brokerage-KELLER WILLIAMS LIFESTYLES
Fireplace-No
Pool-None
Sewer-None
Possession-Flexible
Title-Commercial

No agent assigned

31+ Acres | Residential Development Potential in Espanola! An exciting opportunity to own just over 31 acres with multiple zoning designations and potential for future residential development. Approximately 12.68 acres have been brought within the Town's Urban Service Boundary and designated for residential use. These lands are zoned R1-h, which allows for uses such as single detached homes, duplexes, apartment buildings with up to four units, and additional residential units, subject to applicable zoning regulations. Existing municipal infrastructure capacity supports the proposed development. The remaining acreage offers potential for large residential estate lot layouts. Spanning over 31 acres, this property is an opportunity to explore its potential. Buyers are advised to verify municipal hookup requirements directly with the municipality. Currently, no municipal development charges are levied by the Town of Espanola.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$4,504/mo
Mortgage $4,033
Monthly Loss $3,443
Principal$1,061
Interest$2,972
Property Tax$96
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near PT LT 8 Queensway Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.