20 Spanish Street, Spanish, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Spanish. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $24,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 49.75 x 119.78 ft lot size
- Notable attributes: None
Description
Discover the perfect opportunity to build your dream home or investment property on this exceptional lot in the charming town of Spanish, located in Algoma, Ontario near Vance's resort, public boat docks and Trans Canada Highway 17 for easy access. This spacious vacant land offers ample room for your vision, with services conveniently available at the road, ready to be brought in for your future development needs. Whether you're planning to build a cozy retreat or a spacious family home, this lot provides a unique canvas to create the perfect setting for your future. Don't miss out on this incredible investment opportunity in the heart of Northern Ontario. **EXTRAS** Vacant Land
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Property Summary
This vacant land located at 20 Spanish Street, Spanish is currently for sale and has been available on SousaSells for 581 days. This property is listed at $24,999 with an estimated mortgage of $83* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 20 Spanish Street, Spanish
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 20 Spanish Street N, Spanish, ON P0P 2A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Spanish, ON
For a property listed at $24,999 in Spanish, the legal minimum down payment is $1,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $125 for this transaction. As this listing is in Spanish (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $125.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.