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$499,900
Espanola
Espanola, Ontario, P5E1P9
This 2-bedroom, 1-bathroom home in Espanola is for sale offering roughly 350 sq ft of space.
Escape to your own waterfront retreat on beautiful Apsey Lake. This fully renovated 2-bedroom, 1-bathroom cottage offers a perfect blend of comfort, functionality, and year-round enjoyment, along with a proven track record as a turn-key Airbnb rental. Set on the Canadian Shield, the property captures stunning lake views and provides direct access to swimming, boating, and good fishing for the whole family. Located just minutes from Espanola, you’ll enjoy the convenience of nearby shops, restaurants, and essential services while still feeling tucked away in nature. Inside, the cottage features a bright, modern kitchen and an open-concept living space, complete with a pull-out sofa and accommodations for up to six guests. The home comes fully equipped with internet, TV, and all the essentials needed for immediate use or rental. Outdoor living is a standout, with two spacious decks, two docks, a fire pit, and a traditional wood sauna overlooking the water. A separate waterfront bunkie with a single-over-double bunk provides additional sleeping space, ideal for guests or kids. Additional features include two storage sheds, two kayaks, a canoe, and a paddle boat—everything you need to start enjoying the property from day one. Whether you’re looking for a family getaway, an income-generating property, or a combination of both, this well-maintained lakeside cottage offers a rare opportunity to step into a fully equipped waterfront lifestyle. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 114 days on market, against an average age of 60 days across the listings currently for sale in this city
This 2-bed single family in Espanola is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.4× the local median household income of $78,500.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA P5E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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