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$160,000.00 CDN - File 131 - 455.53 Acres RIVERFRONT PROPERTY with frontage on the Mountjoy River $160,000 Canadian

SOLD!

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File 131 - 455.53 Acres RIVERFRONT PROPERTY with frontage on the Mountjoy River $160,000 Canadian

AN AWESOME OPPORTUNITY to OWN a PRIME RIVERFRONT PROPERTY!

We have a property that is comprised of 12 Patented Mining Claims with a total size of 455.53 Acres of land.

Located in Ogden Township south of the City of Timmins.

Since Ogden Township lies within the boundary of the City Of Timmins it is AN ORGANIZED TOWNSHIP.

 

WHAT A NICE PLACE THIS IS!

This portion of the Mountjoy River has always been difficult to get to and access for the general public.

This can literally become your own special secluded and private playground.

 

You can easily drive to this property in a truck and even in an SUV and not have to put it in 4 wheel drive.

 

The road into the property IS GATED at the property line.

 

SURFACE RIGHTS COME WITH THIS PROPERTY

TREE RIGHTS COME WITH EIGHT (8) OF THE MINING CLAIMS

The owner obtained tree releases on EIGHT of the 12 mining claims from the MNR.

The remaining FOUR claims have all trees reserved to the Crown.

The 4 mining claims that have not been harvested  have mature Jack Pine trees, Poplar Trees, Spruce Trees, Balsam Trees, Cedar trees and some White Birch trees.

Three of the four claims are along the river.

 

This beautiful property enjoys about 1.4 kilometers (almost 1 mile) of shoreline on each of BOTH SIDES OF THE MOUNTJOY RIVER!

By NOT HARVESTING the trees along the river, the river is left in pristine condition and that will keep the river protected.

 

The Mountjoy River has a mix of sandy and clay areas.

This river is perfect for canoeing or kayaking on.

Or, even, use a small 10 or 12 foot boat with an electric motor.

This way you can enjoy the peaceful sounds of nature and it’s wildlife.

You can even go swimming in the deep sandy areas of the river.

 

The river has high banks so in spring with the snow melt and spring rains there is no danger of flooding.

 

Like to fish?

The MNR states that there are Northern Pike and Walleye in certain areas of the Mountjoy River.

We also know that there are SPECKLE TROUT in the Mountjoy River as we have seen the owner and his friends catch them there.

They are tough to get but if you know what you are doing you will be successful.

The seller will be leaving a canoe with the property for the next owner to use and enjoy.

 

 

A few thousand acres of Crown Lands abut the property on all four sides.

 

As everyone knows, you can hunt on Crown Land, You can fish on Crown land, you can walk, snowmobile, ATV on Crown Land.

You just can’t build on Crown land.

What it does do for you is it gives you that ADDED EXTRA MULTITUDE OF ACRES TO PLAY ON!

 

You are pretty close to the City of Timmins YET when you get to the property you ARE IN THE MIDDLE OF NOWHERE.

From where the bridge is over the Mattagami River in the City of Timmins, it is only 25.1 kilometers or 15.2 miles to the property.

Following the bush roads it will take about 20-30 minutes to get to the property.

AND

YOU DO NOT have to put your vehicle into 4-wheel drive to get there.

 

Like to hunt?

There are so many small bush roads around and ATV trails that if you like to hunt small game like grouse or rabbit then you will think that you are in hunting paradise.

If you like to hunt Black Bear, then you won’t be disappointed.

If you like to hunt moose, again, you won’t be disappointed.

Located in Wildlife Management Unit (WMU) 29.

 

What can you do with this property?

*Well, because Ogden Township is an organized township you are allowed to build a “hunt camp” which can be no larger than 500 square feet.

That is a decent sized camp.

Build that camp overlooking the Mountjoy River and you will have one of the sweetest camp locations anyone has ever seen.

It is very picturesque overlooking the river.

*You can hunt on your land and on the surrounding Crown Lands.

* you can fish on your stretch of the river without encountering anyone else.

*you can camp anywhere on your property.

*you grow a garden

* you can create and provide a wonderful legacy for your family.

A place where you can have family picnics, family and friend gatherings and a place where you can create those wonderful family memories.

If you buy this property for your future generations, then one day, your family are going to thank Grandma and Grandpa for having the insight to acquire this property as their legacy.

 

NEED FINANCING?

The Seller will finance a purchase.

In Canadian funds

On a Purchase  price $160,000 Canadian

You will require down payment $56,000 Canadian

Seller will hold AN OPEN MORTGAGE of $104,000 Canadian at 8% interest

Your choice of payments as follows;

On a 5 year term and a 10 year amortization the mortgage payment is $1,254.67  Cdn. per month.

On a 5 year term and a 15 year amortization the mortgage payment is $986.08  Cdn. per month.

On a 5 year term and a 20 year amortization the mortgage payment is $861.49  Cdn. per month.

On a 5 year term and a 25 year amortization the mortgage payment is $793.74  Cdn. per month.

On a 5 year term and a 30 year amortization the mortgage payment is $753.70  Cdn. per month.

IF YOU HAVE A LARGER DOWN PAYMENT WE CAN MAKE THE PAYMENT CALCULATIONS FOR YOU

In US funds

On a Purchase  price $123,200 USD

You will require  down payment $43,200 USD

Seller will hold AN OPEN MORTGAGE of $80,000 USD at 8% interest

Your choice of payments as follows;

On a 5 year term and a 10 year amortization the mortgage payment is $965.13  USD per month.

On a 5 year term and a 15 year amortization the mortgage payment is $758.52  USD per month.

On a 5 year term and a 20 year amortization the mortgage payment is $662.69  USD per month.

On a 5 year term and a 25 year amortization the mortgage payment is $610.57  USD per month.

On a 5 year term and a 30 year amortization the mortgage payment is $579.77  USD per month.

IF YOU HAVE A LARGER DOWN PAYMENT WE CAN MAKE THE PAYMENT CALCULATIONS FOR YOU

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