File 44 - Redstone River property 88 acres $ 67,000 Cdn.
OFF THE GRID
IMAGINE OWNING 88 acres of PRIME HUNTING LAND that you can COMBINE with GOOD FISHING on a nice medium sized river.
Located in Shaw Township just southeast of the City of Timmins in Northeastern Ontario.
Shaw Township is within the boundary of the City of Timmims.
Shaw Township is an ORGANIZED TOWNSHIP.
Surface rights come with this property.
Mining rights come with this property
Tree rights come with this property.
TREES ON THE PROPERTY
The trees on this property are mainly Poplar with some spruce and the odd birch tree and some cedars along the river.
ABOUT THE PROPERTY
Right now all we have are winter pictures with lots of snow.
The terrain is mainly flat ground with a slope down to the river.
The land is on average about 6-8 feet above the river.
There are some cleared areas and the trees are good sizes so mostly mature or semi-mature.
ACCESS TO THE PROPERTY
Two ways to get to the property.
Access is by boat approximately about a 2.5 Kilometer boat ride.
There is a small boat launch area and parking right near the bridge where the river crosses the Langmuir Road.
We are told that you can easily boat to the property in a 12 or 14 foot aluminum boat using a 5HP to 9.9 Hp motor.
This property is only 780 meters due west from a year round main road south of Timmins that is called Langmuir Road that is used for forestry and mining.
There is an old road or trail on the map that comes close to the property line east of the property approximately about 445 Meters or 1,460 feet..
One of the aerial photos we have with this story is the trail map for this property.
The dotted red line is the existing trail and the blue dotted line is what the seller thinks should be a proposed access trail.
The existing trail as a distance of approx.. 722 meters.
The propose trail from the existing trail to property boundary is a distance of approximately 473 meters.
The propose trail from the existing trail to the river is a distance of approximately 1,258 meters.
The existing trail goes through Crown Land and the proposed extension trail to the river also goes through Crown Land and just touches on a corner of land owned by the City of Timmins.
This property has about 255 meters or 836 feet of river frontage on the south side and about 218 meters or 715 feet on the north side.
The property frontage along the river is mostly trees and some cedars and tag alders down to the banks of the river.
You can brush out the alders and some trees go give you a good view of the river yet still retain that “remote, in the middle of nowhere” feeling.
THE REDSTONE RIVER
The Redstone River flows north into Nighthawk Lake.
The river averages from about 18 meters to about 24 meters or about 59 feet to about 78 feet in width as it flows through the property.
This river is a favourite with canoers and kayakers as you can go south of the bridge at Langmuir Road for about 30 plus kilometers and you can go northeast all the way to Nighthawk Lake.
From the bridge at Langmuir Road you can motor down in a 12 or 14 foot boat to the property.
We are told by locals that the river in this area averages from 4-8 feet deep.
FISHING ON THE REDSTONE RIVER
According to the MNR “Fish-On-Line” web site the river can be fished for Northern Pike, Walleye and Perch.
We think that this would most likely be north of the bridge between Langmuir Road and Nighthawk Lake and that makes sense as that is what you are fishing for in the lake.
South of the bridge we are told you can fish for speckle trout (brook trout).
HUNTING IN THIS AREA
This property is located in Wildlife Management Unit (WMU) 29.
As the property is in Shaw Township which in turn is within the boundary of the City of Timmins there is an Official Pland and there is zoning here.
The property is zoned RD-RU (RURAL).
Hunting, Fishing and Outdoor Recreation
In any rural zone, low intensity extensive recreation activities such as hunting, fishing, canoeing and camping may be permitted, provided that such activity does not involve the erection of a building or structure greater than 46.5 m2 [ 500 ft. 2] and is subject to any provincial or local regulations regarding hunting and fishing.
Crown land adjoins this property to the east, to the west and to the southwest.
City of Timmins land adjoins this property to the south.
NEED HELP TO BUY THIS PROPERTY?
The seller is willing to finance a sale as long as a buyer has at least 35% ($24,000) down payment.
Based on a selling price of $67,000 and with a $24,000 down payment the seller will hold an OPEN MORTGAGE of $43,000 and an interest rate of 8%.
On a 5 year term and a 5 year amortization the mortgage payment is $869.71 per month.
On a 5 year term and a 10 year amortization the mortgage payment is $518.76 per month.
On a 5 year term and a 15 year amortization the mortgage payment is $407.71per month.
On a 5 year term and a 20 year amortization the mortgage payment is $356.19 per month.
On a 5 year term and a 25 year amortization the mortgage payment is $328.18 per month.
On a 7 year term and a 7 year amortization the mortgage payment is $667.42 per month.
Pick the payment plan that best suits your need.
If you want to place a larger down payment then we can calculate the payment plan for you.