73 acres just north of the Town of Cochrane, Ontario
A great place to homestead.
A great place to live on.
A great place to wake up in the morning and BREATHE CLEAN FRESH AIR.
73 Acres in Leitch Township north of the Town of Cochrane in Northeastern Ontario.
Leitch Township is within the boundary of the Town of Cochrane so it is AN ORGANIZED TOWNSHIP!
Surface Rights and Mining Rights and the Tree Rights (other than the pine trees which are reserved to the Crown) come with the property.
There is year round Road Access on two roads as the property has road frontage on the Bentley Lake Road and on Ridge Road.
There is a nice creek called EASTFORD CREEK flowing through the property in a north/south direction.
A fairly large beaver pond is at the north end of the property near the corner of the Bentley Lake Road and Ridge Road plus a large pond at the south end of the property and a series of smaller ponds along the creek.
You can still see the old homestead site at the north end of the property along Bentley Lake Road.
This old homestead site is about 3 acres in size.
The remains of an old car from the 1930’s can be found on the western part of the homestead site.
The property is well treed with a mix of Spruce trees, Poplar trees and Balsam trees with the odd sprinkling of Birch trees.
It appears that the some of the trees would be between 25 and 40 years old.
The Town of Cochrane is only 16 miles ( 26 kilometers) to the southeast of this property so if you need any supplies or need to purchase building materials or do any banking at most you are from 15-20 minutes away from town.
If you want to do any fishing Silver Queen Lake is less than a mile from this property.
There is a public boat launch on the lake and you can be fishing in a few minutes.
This property is not on the lake BUT PRETTY DARN CLOSE!!
So what can you do with this property?
You can build your residence here.
You can build your cottage here.
You can hunt here or in the area.
You can use it as a home base , camp here and go fishing.
You can make this property your investment for the future as it sure beats investing in stocks, bonds or GIC’s.
Leitch Township is an ORGANIZED TOWNSHIP so you will need a building permit to build anything and there is no problem getting a building permit as the property fronts on a municipally maintained road.
For the hunters…
This property is located in Wildlife Management Unit (WMU) 27.
Need help to buy this property?
If you have a 35% down payment ($16,500) then the seller would hold an OPEN MORTGAGE on the following terms.
Interest rate is 8%
On a 5 year term and a 15 year amortization the mortgage payment would be $289.19 per month.
On a 10 year term and a 10 year amortization the mortgage payment would be $367.95 per month.
On a 7 year term and a 7 year amortization the mortgage payment would be $473.40 per month.
On a 5 year term and a 5 year amortization the mortgage payment would be $616.53 per month.
COCHRANE, ONTARIO situated on the edge of the Northern Ontario Wilderness, the Town of Cochrane has both the amenities of 21st century life and the wide-open possibilities of the unexplored frontier.
Cochrane has all the modern telecommunications necessities, crucial when it comes to functioning in the global economy, and yet when you step out, you can leave all that behind and explore hundreds of kilometres of snowmobile trials, lakes and rugged wilderness just waiting to be experienced.
Along with clean air and a safe family environment, you are only just minutes away from everything important to your daily routine. Add to this friendly people living a healthier, safer, and less frantic lifestyle - all of it surrounded by the most beautiful scenery you could ask for.
COCHRANE, ONTARIO is one of the fastest growing municipalities in Northern Ontario. With projections of growth as high as 50% over the next five years, business opportunities are plentiful while home investment and property values remain bullish. Cochrane is fortunate to have some very attractive assets not typical of rural Northern Ontario.
With some of the lowest property taxes in North Eastern Ontario, Cochrane provides the highest quality of northern living at competitive cost to the tax payer. While keeping property taxes competitive, Cochrane has managed to do so without limiting the services and assets it offers to the community. From a world class tourist attraction in the Polar Bear Habitat, to a modern and highly regarded Tim Horton Events Center, to modern schools, to high caliber recreation and festivals that rank amongst the most prominent in the province. Cochrane truly understands how to provide the best of services at the most competitive of costs.
Everyone Has a Family Doctor
Cochrane is part of the M.I.C.'s (Matheson, Iroquois Falls, Cochrane) group of medical services, which is an organization of the hospitals that use the strengths of their synergy to provide top tier medical services to this area. While providing leading edge medical services with the most modern of equipment, Lady Minto Hospital in Cochrane also has a resident surgeon and is one of the few in North Eastern Ontario with this important asset. At the same time, Cochrane has a full compliment of family physicians.
SO ASK YOURSELF….WHY WOULD’NT YOU WANT TO LIVE HERE OR INVEST HERE?
CHECK THIS PROPERTY OUT !!