File 100 - 746 acres in an UNORGANIZED Township $180,000 Canadian
THE PIKE RIVER
THE LITTLE PIKE RIVER
REALLY BIG ACREAGE
This is a huge landholding at 746 ACRES.
Holdings of this size are quite rare.
THIS COULD BE YOUR OWN PRIVATELY OWNED HUNTING PRESERVE!
There are moose in this area.
There are the odd whitetail deer in this area.
There are Black Bear in this area.
The small game hunting is exceptional in this area.
Maybe start hunting wolves.
Maybe don’t hunt with a weapon but with your camera.
Preserve the land for the animals.
This could be your land investment for the future.
As far as we are concerned it is much better to invest in land than it is to leave the money in the bank.
As your property increases in value, you also have the opportunity to use the land and enjoy the land.
WHERE IS THIS PROPERTY?
This beautiful property is in NORTHEASTERN ONTARIO in CANADA!
Located in Guibord Township which is AN UNORGANIZED TOWNSHIP Southeast of the City of Timmins in Northeastern Ontario.
More specifically the property is less than 1.3 kilometers or about 0.8 miles due east of Highway 672 and the community of Holtyre, Ontario.
The Community of Holtyre is about 22 kilometers (almost 14 miles) southeast of the Town of Matheson, Ontario.
Matheson in turn, is about 68 kilometers (about 42 miles) due east of the City of Timmins.
As mentioned Guibord Township is an UNORGANIZED TOWNSHIP so NO BUILDING PERMITS are required.
There is no zoning so you can build what you want, where you want on your property, as big or as small as you want and as many buildings as you want and you DO NOT NEED ANYONE’S PERMISSION TO DO ALL THAT AND YOU DO NOT HAVE TO GET A BUILDING PERMIT!
On Saturday March 02, 2019 WE DROVE into and around the property on the winter road that the timber harvesting company built. (check our pictures).
The winter road was constructed so that the logging trucks could come into the property and get loaded and haul away the trees that were harvested.
A Winter road is built over land on compacted snow (also called snow roads), on frozen and bare ground, or on a floating ice cover like over small creeks and streams and sometimes rivers and lakes.
Once spring comes the snow and ice melts and what remains are some really good ATV or ARGO trails.
In some cases these trails can be improved on so that eventually you can drive in with a truck.
It would take time and lots of work and some money but it is very possible.
The first portion of the winter road goes through CROWN LAND and the winter road continues in and out and around the property.
HUGE RIVER FRONTAGE
The PIKE RIVER and the LITTLE PIKE RIVER both flow through the property.
This property enjoys about 4,800 feet of frontage on both sides of the Pike River.
The Pike River averages between 40 feet and 60 feet in width throughout the property.
The river has a good flow as it meanders and eventually drains into the Black River to the west.
Like the name says, you can fish for Northern Pike and Perch in this river!
The LITTLE PIKE RIVER also flows through the property.
About 7,500 feet of this river makes it’s way through the property and then drains into the PIKE RIVER.
Apparently there are SPECKLE TROUT (also known as BROOK TROUT) in the Little Pike River.
Many people in the area have told us that!
The current owner has just had the mature timber harvested this winter.
They have left a buffer of trees along the shores of both the Pike River and the Little Pike River.
That is a very good practice as it protects the shoreline along the rivers and it also protects the water and fish.
Any timber that is not mature enough to harvest has been left.
The owner harvester has also left about 20% of the mature trees for the animals and the birds.
There are many large and tall trees that were also left for birds to nest on.
There are numerous building sites along both the Pike River and the Little Pike River.
Get to know your property and then choose one or more locations to build your cabin on.
SURFACE RIGHTS COME WITH THE PROPERTY
All TREES are reserved to the Crown but the owner of the property can apply to the MNR to harvest any trees just like the current owner has done.
No one else will come in to harvest the trees except you the property owner.
MINING RIGHTS ARE RESERVED TO THE CROWN.
The Crown may have opened the staking so a mining company may have the right to explore for minerals on the land.
That is not a bad thing for you. Under the new Mining Act of Ontario there are rules that these companies must follow. They have to communicate with you the Surface Rights Owner, they have to let you know what they are doing, they have to leave the property in the same condition as they find it, if you cave a cabin there are rules they can or cannot do within a distance of the cabin and a lot more.
It is in their benefit to co-operate and work with you so that there are no complaints to the Ministry.
In fact, if they do find a substantial ore deposit, then that will be very good for you the Surface Rights owner.
The mining company will want to buy you out and financially it would be really good for you.
NEED HELP TO BUY THIS FANTASTIC OPPORTUNITY?
The seller is willing to finance a sale to a qualified buyer who has at least 35% down payment.
On a purchase price of $180,000 Canadian for someone who has a $63,000 Canadian down payment, the seller will finance the balance of the $117,000 Canadian at 8% interest as AN OPEN MORTGAGE on a 5 or 7 year term and amortized over 7, 10, 15 or 20 years.
Ask us what the monthly payments will be.
For our American friends.
On a purchase price of $135,500 USD for someone who has a $47,500 USD down payment, the seller will finance the balance of the $88,000 USD at 8% interest as AN OPEN MORTGAGE on a 5 or 7 year term and amortized over 7, 10, 15 or 20 years.
Ask us what the monthly payments will be.
HOW TO GET TO THE PROPERTY?
There are actually two different routes that you can use to get to this property. One from the north end and the other from the south end.
- From the Community of Holtyre drive north on Highway 572 for 4 kilometers and at that point there is a short road on the right hand side of the highway.
This is the winter road that leads to the north end of the property.
The winter road was created to be able to haul out the timber that was harvested this past winter.
It is about 1.8 kilometers long.
This trail goes through Crown Land to get to the property.
- You can access the south end of the property via an old winter road ATV/ARGO trail.
This trail is off Highway 572 near the community of Holtyre.
This winter the winter road has been plowed and maintained because they are still trucking out timber that was harvested in the last few months. That will end by the end of March or so.
IN FUTURE WINTERS YOU CAN SNOWMOBILE ALL OVER THE PROPERTY ON the skid trails and on the remains of the winter roads.
IN THE NON-WINTER MONTHS
In the non-winter months after the ice and snow melts what remains is a very decent ATV/ARGO trail/road.
What typically happens over a number of years is that a property owner will improve the trail over time so that eventually you can drive to the property in a truck.
CHEAP PROPERTY TAXES
The property taxes on this property were under $200 for 2018.
From this property;
To Barrie, Ontario it is 525 kilometers (326 miles).
To Toronto, Ontario it is 637 kilometers (395 miles).
To Ottawa, Ontario it is 635 kilometers (394 miles).
To Kingston, Ontario it is 725 kilometers (450 miles).
To Niagara Falls, Ontario it is 734 kilometers (456 miles).
To North Bay, Ontario it is 278 kilometers (172 miles).
To Sudbury, Ontario it is 343 kilometers (213 miles).
PLEASE NOTE: ANY AERIAL PHOTOS THAT WE HAVE USED TO SHOW THIS PROPERTY WERE TAKEN BEFORE THE TIMBER WAS HARVESTED THIS WINTER OF 2018/2019.