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$48,000.00 CDN - File 23 - 41.38 acres East of Timmins, Ontario

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File 23 – 41.38 acres in Macklem Township $48,000 Canadian

A Prime hunting property located midway between the City of Timmins to the west and the Town of Matheson to the east.

Approximately 40 kilometers or about 25 miles east of the City of Timmins.

 

A total of 41.38 acres that is bordered by lots of Crown land to the south and to the west.

This is a nice property that has mostly sand and gravel and any trails you want to make on your property will be relatively easy to make.

Good road access as you can drive to this property in a car if you wished.

Macklem Township is within the boundary of the City of Timmins and as such it IS AN ORGANIZED TOWNSHIP.

 

SURFACE RIGHTS COME WITH THIS PROPERTY

ALL TREES ARE RESERVED TO THE CROWN

 

The property is in a “Resource Development Area”and is zoned “MINERAL EXTRACTION (RD-MX) so it wouldn’t be suitable for a recreational cottage and the City of Timmins won’t issue a building permit for one.

BUT you can build yourself a small storage shed to keep and store your toys in.

YOU DO NOT REQUIRE a building permit for a storage shed of under 105 square feet.

 

THIS IS A PRIME HUNTING AREA!

We saw plenty of bear sign and moose tracks along the road within the property.

Some people we talked to told us that there are some deer in the area as they have seen them.

Saw some grouse and a couple of rabbits.

USE this property as your stepping stone to hunt further south along the Gibson Lake Road.

The road goes on for many tens of kilometers and there are literally tens of thousands of acres of Crown Lands to hunt and explore on.

Located in Wildlife Management Unit (WMU) 29.

You can hunt on your property and then go fishing on the very close and nearby lakes.

Did you know that there are 3 lakes within a 5 to 10 minute WALKING DISTANCE and there are over 12 lakes within a 5 to 15 minute DRIVE of this property?

 

We found an ATV trail near the northern line of the property that starts on the road and goes west about 600 feet right to the shore of a small lake called DEEP LAKE.

A review of the MNR “Fish On Line” web site shows that Deep Lake has a maximum depth of 5.2 meters or just over 17 feet and an average depth of 2.2 meters or about 7 ½ feet.

The site tells us that this lake is and has been stocked with BROOK TROUT.

Yearling Brook Trout were stocked in 2014, 2016 and 2018.

 

The mature trees were harvested some 12 to 15 years ago and the new growth is that old and looks very good and anything that wasn’t big enough to harvest at that time is now 12 to 15 years older and bigger.

 

Because this area is mostly sand and gravel it is prime blueberry country and we saw lots of them.

Blueberries everywhere we looked and also wild raspberries.

Good mushroom country too if you like and know what mushrooms to pick.

 

So what can you do with this property?

Well, first, IT’S AN INVESTMENT.

GO HUNTING on the property and use it as a base area to go fishing from.

Then, maybe rent the property out or use it for one of the permitted uses listed below.

zoned “MINERAL EXTRACTION (RD-MX)

3.4.2 Permitted Uses

A broad range of uses is contemplated by this designation including,

Asphalt Manufacturing Plant,                                     Batch Plant, Asphalt or Concrete

Bulk Sales Establishment                                              Communications Facility

Concrete Manufacturing Plant                                   Construction Yard or Contractor’s Yard

Forestry Use                                                                      Heliport

Log Hauling Operation                                                   Mine

Mine-Aggregate Operation                                         Portable Asphalt/Concrete Plant

Utility Yard                                                                          Wayside Pit

Wayside Quarry

Accessory Uses, Buildings and Structures to a permitted use.

An amendment to the Zoning By-law may be required for any proposed mineral mining operation or mineral aggregate operation.

 

NEED HELP TO BUY THIS PROPERTY?

IN CANADIAN DOLLARS

The seller will finance a sale as long as you have $17,000 Canadian down payment and hold a mortgage at 8% interest.

On a purchase price of $48,000 Canadian the down payment is $17,000 Canadian and the seller will hold a mortgage for $31,000 Canadian at 8% interest.

The mortgage will be a closed mortgage for the first 24 months and then becomes an OPEN MORTGAGE after that.

You have a choice of payment plans.

On a 5 year term and a 5 year amortization the mortgage payment is $626.44 CDN per month.

On a 7 year term and a 7 year amortization the mortgage payment is $481.16 CDN per month.

On a 5 year term and a 10 year amortization the mortgage payment is $373.99 CDN per month.

On a 5 year term and a 15 year amortization the mortgage payment is $293.93 CDN per month.

On a 5 year term and a 20 year amortization the mortgage payment is $265.79CDN  per month.

YOU CHOOSE THE PLAN THAT BEST SUITS YOU or we can customize a payment plan for you.

IN U.S. DOLLARS

The seller will finance a sale as long as you have $13,000 U.S. Dollars down payment and hold a mortgage at 8% interest.

On a purchase price of $36,300  U.S. Dollars the down payment is $13,000  U.S. Dollars and the seller will hold a mortgage for $23,300 U.S. Dollars at 8% interest.

The mortgage will be a closed mortgage for the first 24 months and then becomes an OPEN MORTGAGE after that.

You have a choice of payment plans.

On a 5 year term and a 5 year amortization the mortgage payment is $470.99 U.S. Dollars per month.

On a 7 year term and a 7 year amortization the mortgage payment is $361.65 U.S. Dollars per month.

On a 5 year term and a 10 year amortization the mortgage payment is $281.09 U.S. Dollars per month.

On a 5 year term and a 15 year amortization the mortgage payment is $220.92 U.S. Dollars per month.

On a 5 year term and a 20 year amortization the mortgage payment is $193.01 U.S. Dollars per month.

YOU CHOOSE THE PLAN THAT BEST SUITS YOU or we can customize a payment plan for you.

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