693 Mead Boulevard, Espanola, ON P5E 1L7
For Sale
262 days on Market
MLS® X12309376
1 / 7
Overview
Active
Strategic Development Opportunity 55 Acres Across from Espanola Hospital (Sudbury, Ontario). A rare opportunity to acquire 55 acres of prime development land directly across from the Espanola Regional Hospital on Queensway Boulevard -situated within one of the town's most strategic and high-demand corridors. The property offers frontage on Queensway Boulevard and access via two fully municipally serviced roads, with streamlined permit access to water, sanitary sewer, stormwater, and electrical infrastructure already in place. With the **Town of Espanola prioritizing residential growth, especially senior, this site aligns seamlessly with municipal development goals and is ideally suited for: Senior-focused housing to accommodate a growing demographic, over 50 bungalow-style residential homes, and commercial space for healthcare, wellness centers, assisted living, and therapeutic services. Its proximity to the hospital makes it an ideal location for a health-oriented, age-friendly community, appealing to both local residents and those from the broader region. With full servicing and strong municipal support, this shovel-ready site offers developers and investors a unique chance to build a vibrant, sustainable residential and mixed-use community that addresses both present and future housing needs.
Lot Size
1.2 acres
Type
Vacant Land
Property Details
Year BuiltNot Disclosed
CityEspanola
Postal CodeP5E1L7
Lot Dimensions65.62 × 797.24 ft
Utilities & Services
Heat SourceWell
SewerSeptic Tank
693 Mead Boulevard, Espanola, ON P5E 1L7
Purchase Calculator
$550,000.00
$115,500.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
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Newly Built
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💸 Rental Income
🏠 Home Expenses
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100%
$400.00
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- Monthly Mortgage$0.00
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Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
693 Mead Boulevard, Espanola, ON P5E 1L7
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