Our focus is in listing and selling recreational properties in the Provice of Ontario

$14,000.00 CDN - File 108 - An AFFORDABLE BUILDING LOT in Thornloe, Ontario $14,000 Canadian

NEW!

Previous Image
Next Image

 

ARE YOU LOOKING for a vacant building property to build your retirement home on?

ARE YOU LOOKING FOR A SIMPLE LIFE STYLE?

 

WHAT CAN YOU BUY FOR $14,000?

You can buy an older used car.

You can buy an ATV (4 wheel quad).

You can buy a cheaper snowmobile.

You can go on a nice vacation or a nice cruise.

OR

You can make an investment and buy this property.

 

This is a real nice building lot in the Village of Thornloe, in beautiful Northeastern Ontario.

The Municipal Address is 8 Wilbur Street, Thornloe, Ontario

The property has an area of 100 feet by 143 feet.

The frontage is 100 feet on Wilbur Street.

As you can see by the aerial photos this property is level and is cleared and has grass growing and appears to be well manicured.

 

We called the office of the Village of Thornloe which is located at 35 Tenth St in the Village and we are told that this is a buildable building lot.

There are no services to the lot so like everyone else in the Village you would require a drilled well and a septic field.

 

Thornloe is a quaint, sleepy little Village of about 120 people and about 1 mile west of Highway 11 between the Towns of Haileybury to the south and Englehart to the north right in the middle of FARM COUNTRY.

You will enjoy meeting friendly people here.

The largest community within a 50 mile [80 km] radius is Temiskaming Shores. It is located about 12 miles [19 km] to the south of Thornloe. Temiskaming Shores has a population of 10,700 people.

The next largest community is Kirkland Lake. It is located about 35 miles [56 km] to the northwest of Thornloe and has a population of 8,200 people.

THORNLOE is famous for it’s cheese factory.

Thornloe Cheese Inc., is proudly owned by farmers and operates with family values in the heart of the Temiskaming Valley.

Thornloe Cheese has produced a respected brand of cheese products in Northern Ontario for over 71 years!

Thornloe Cheese operates one central retail store in Thornloe and services a wide range of wholesale customers, from retail outlets to foodservice establishments. Its products can be found in establishments in Northern Ontario and Northern Quebec.

 

 

 

You can’t get a mortgage from the bank to buy vacant land but you can get a mortgage from a seller if that seller is in a position to do so.

Seller is willing to finance a sale to a buyer who has 35% down payment.

On a purchase price of $14,000 Canadian

If a Buyer has $4,000 CDN down payment.

Seller will hold AN OPEN MORTGAGE for $10,000 CDN at 8% interest.

The Buyer has the option of the following payment plans.

On a 3 year term and a 3 year amortization payment is $308.31 CDN per month.

On a 5 year term and a 5 year amortization payment is $197.54 CDN per month.

On a 7 year term and a 7 year amortization payment is $150.44 CDN per month.

On a purchase price of $10,500 USD

If a Buyer has $3,000 USD down payment.

Seller will hold AN OPEN MORTGAGE for $7,500 USD at 8% interest.

The Buyer has the option of the following payment plans.

On a 3 year term and a 3 year amortization payment is $184.99 USD per month.

On a 5 year term and a 5 year amortization payment is $118.52 USD per month.

On a 7 year term and a 7 year amortization payment is $90.76 USD per month.

Property Photos

Sign Up

Register today and access additional property information.

Already have an account? Login

Interested?

Special Requests

Can't find the property you are looking for. Fill out our request forms and we'll contact you when a new property comes up that completes your wish list