Gurvinder Nokwal REALTOR®
For Sale Vacant Land 108 days on market

$499,900

Est. payment $2,213/moCalculate yours

Con 3 Eagle Lake Road, South River, ON P0A 1X0

South River, South River, ON P0A 1X0

Map

Listing courtesy of REAL BROKER ONTARIO LTD. MLS® X13511388

About this home

Approx. 45 Acres of Prime Development Land with draft-plan 101-Lot Subdivision Plan in South River, Ontario. An exceptional opportunity for developers and builders to acquire a large-scale residential development parcel in a municipality that actively supports growth and investment.South River offers a significant cost advantage with NO REGIONAL DEVELOPMENT CHARGES and additional incentives available through the municipality’s Community Improvement Plan, including potential tax benefits for qualifying projects. The Village’s Official Plan supports a diverse range of housing options, including single-family homes, townhomes, affordable housing, multiplexes, apartment buildings, secondary suites, and other innovative housing solutions.Existing infrastructure includes municipal water, natural gas, and fibre-optic internet, providing a strong foundation for future development. (Private septic systems required.)Located in the scenic Almaguin Highlands, just south of North Bay, South River is an attractive destination for families, retirees, outdoor enthusiasts, and remote workers seeking affordable housing and a high quality of life. Residents enjoy easy access to Algonquin Provincial Park, Eagle Lake, and Mikisew Provincial Park, making the area a year-round recreation hub.A growing economic base, supported by local employers, tourism, and expanding community services, continues to drive housing demand throughout the region. With approvals in place and strong municipal support for development, this property presents a rare opportunity to bring a residential project to market in an emerging Northern Ontario growth corridor.**Seller may consider holding a short-term Vendor Take Back (VTB) mortgage of up to $200,000 for qualified purchasers. Please note approx. 2 acres was severed off as 2 individual 1 acre building lots at the end of Poplar street- ideal for model homes and sales office to be built.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
836.15 x 1321.7 Feet
Zoning
R1 - residential

Financial

Property Taxes
$1,278 (2025)

Location

Neighbourhood
South River
Cross Street
Ottawa Avenue & Eagle Lake Road
Direction Faces
East

Listing

MLS® Number
X13511388
Days on Market
108
Listed On
2026-07-02
Possession
Available immediately
Listed By
REAL BROKER ONTARIO LTD.

Mortgage calculator

Minimum for this price: $24,995 (5%)

Amortization, years

Estimated mortgage payment

$2,213 per month

Principal and interest
$2,213
Property tax
$107
Estimated monthly cost
$2,320

Your mortgage

Mortgage amount
$399,920
Mortgage insurance
Not needed
Interest over 25 years
$264,115

Cash to close

Down payment
$99,980
Land transfer tax
$6,473
Total, before legal fees
$106,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

Con 3 Eagle Lake Road, South River, ON P0A 1X0 South River, South River, ON P0A 1X0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$499,900 Con 3 Eagle Lake Road, South River, ON P0A 1X0
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