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$99,900
Spanish
Spanish, Ontario, P0P2A0
This 3-bedroom, 1-bathroom home in Spanish is for sale offering roughly 900 sq ft of space. Listed at $99,900, it is attractively priced about 37% below the $159,500 median asking price in Spanish.
Two Properties for the Price of One! Opportunity knocks at 26 & 28 Algoma Street in the charming community of Spanish. Sitting on a massive lot of over 18,800 square feet with an impressive 213+ feet of frontage, this unique property offers endless potential for investors, builders, or buyers looking for a project in a prime central location close to all amenities. The existing home was formerly a 3-bedroom, 1-bathroom residence and is now stripped down to the shell, providing a blank canvas for your vision. Whether you choose to restore, rebuild, or redevelop, the possibilities here are wide open. Municipal water and sewer services are available, however buyers are advised to verify connection status and future use requirements. Adding even more value is the huge detached garage, perfect for storage, a workshop, or hobby space. Step into the backyard and enjoy the natural beauty of the river and waterfalls flowing behind the property, creating a peaceful setting rarely found in town. With two lots being sold together and an incredible amount of space, this is a rare chance to secure a property packed with potential in a desirable location. Bring your ideas and transform this one-of-a-kind opportunity into something truly special. (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: 166 days on market, against an average age of 119 days across the listings currently for sale in this city
This 3-bed single family in Spanish 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 $99,900, about 1.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $19,514 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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