
Espanola, ON P5E 1L7
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.
TRREB MLS® Attribution
MLS® X12309376
Listed by EXECUTIVE HOMES REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,686
/month · $440,000 mortgage
Amortization
Total Interest
$365,717
Total Cost
$805,717
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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EXECUTIVE HOMES REALTY INC.