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File 21ES  - 8.21 Acres on Bone Road Near Fort Frances Ontario $55,000 CDN

NEW!

$55,000 CDN

8.21 Acres

Property Description

 

Rare Property!

Large property.

Year round road access.

Electrical power available

SELLER FINANCING AVAILABLE

Great Rural location with municipal road access.

266.99  feet of frontage and just over 8 acres to build your dream home.

Enjoy Country living ONLY MINUTES FROM TOWN OF FORT FRANCES

This is a beautiful property that is ready for your dream home.

A wonderful family rural neighbourhood in the township of Alberton.

Kids can play outside in the huge private property.

 

PROPERTY LOCATION

This property fronts on the north side of Bone Road in Municipal Township of Alberton.

This municipality is just on the outskirts of the Town of Fort Frances, Ontario in beautiful Northwestern Ontario.

 

PROPERTY SIZE

This is a large country estate property.

The property totals 3.325 Hectares or 8.21 Acres.

It enjoys a frontage of 81.38 meters or 266.99 feet on the north side of Bone Road.

The property goes back for 408.50 meters or 1,340.22 feet.

 

SURVEY

This property was survey early in the spring of 2024.

More specifically the survey certificate is signed April 08, 2024 and the survey was registered on April 19, 2024.

We have a copy of the current survey.

 

ABOUT THE PROPERTY

The property is quite level throughout.

At the rear of the property (about 1,200 feet back from the road) there is a seasonal creek that normally averages between 10 to 15 feet wide.

The size of the creek will change depending on the time of year.

For instance, in spring with the snow melt and some heavy rains the creek will widen out and of course it also depends on how busy the local beavers have been so that at times you will have a pond at the rear.

The property is well wooded with a mix of trees like oaks, poplar, spruce and birch trees.

Prior to 2003 there were old hay fields in various locations throughout the property but over the years the old fields have started to fill in.

There are still some semi cleared areas close to the road and going into the property for about 100 feet or so.

Electrical power runs along Bone Road on the south side so it would not be difficult to bring power into this property.

 

PROPERTY RIGHTS

SURFACE RIGHTS come with this property.

TREE RIGHTS come with this property.

 

ZONING

A call to the Municipal Office revealed that this property is zone RURAL RESIDENTIAL (RR).

 

PERMITTED USES IN THE (RR ZONE) include the following;

Single Detached Dwelling

Semi-Detached Dwelling

Second Dwelling Unit

Duplex Dwelling

Home Occupation

Home Industry

Group Home

Boarding House

Bed And Breakfast

Crisis Centre

 

NEED HELP TO BUY THIS PROPERTY?

The seller will HOLD AN OPEN MORTGAGE for a buyer who has a $22,000 down payment.

Based on a $55,000 selling price and a down payment of $22,000 then the Seller will hold an open mortgage for $33,000 at 8% interest on your choice of the following terms.

On a five year term and a 7 year amortization the payment would be $512.21 per month.

On a five year term and a 10 year amortization the payment would be $398.11 per month.

On a five year term and a 15 year amortization the payment would be $312.89 per month.

On a five year term and a 20 year amortization the payment would be $273.36 per month.

On a five year term and a 25 year amortization the payment would be $251.86 per month.

YOU CHOOSE THE TERM THAT SUITS YOU

OR

WE CAN CUSTOM DESIGN A PAYMENT PLAN THAT IS RESABLE FOR YOU.

 

ABOUT THE CORPORATION OF THE TOWNSHIP OF ALBERTON

The Township of Alberton is a community in the Rainy River District of Northwestern Ontario, Canada.

It is made up of the two geographic townships Crozier and Roddick.

The township borders Fort Frances to the east, La Vallee to the west, the unincorporated geographical township of Miscampbell to the north, and the city of International Falls (Minnesota, United States) to the south.

In the 2021 Census of Population conducted by Statistics Canada, Alberton had a population of 954 living in 340 of its 355 total private dwellings.

Highway 11/71 runs east to west through the township, and the community's main business area is located along the eastern section of the highway.

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