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$125,000.00 CDN - File 77ES  - 163 ACRES in the UNORGANIZED TOWNSHIP OF LYON $125,000 Canadian

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UNORGANIZED TOWNSHIP

GOOD ROAD ACCESS

SELLER FINANCING AVAILABLE

EAST OF THE CITY OF THUNDER BAY

HOMESTEAD HERE

LIVE OFF GRID

Are you thinking of moving to the woods, build a cabin, throw on some solar panels and wind turbine for power, and drill a well , then start raising chickens, cows, and pigs, grow a garden so you can enjoy good natural food.

Then maybe, sit on your front porch while sipping coffee and look out at the beautiful natural wilderness around you.

THEN YOU SHOULD LOOK AT THIS PROPERTY!

 

LOCATION

Lyon Township is located in Northern Ontario within the UNORGANIZED PORTION of the District Of Thunder Bay.

The Township lies about 21 kilometers west of the Town of Nipigon and about 80 kilometers east of the City of Thunder Bay.

 

UNORGANIZED TOWNSHIP

Lyon Township is AN UNORGANIZED TOWNSHIP

As the township is unorganized, there is NO OFFICIAL PLAN, NO ZONING, NO ZONING RESTRICTIONS.

- zero building permits needed.

-no nosey government issues.

-build what you want, as big or as small as you want and build as many buildings as you want.

-PRIVACY

-do what u want when u want!

 

ACCESS

VERY EASY ACCESS to this property.

The property is accessed by the LOFTY DAVIS ROAD.

Lofty Davis Road is off the north side of Highway 11/17.

 

PROPERTY RIGHTS

SURFACE RIGHTS COME WITH THIS PROPERTY

MINERAL RIGHTS COME WITH THIS PROPERTY

TREE RIGHTS COME WITH THIS PROPERTY except for the “Pine Trees” which are reserved to the Crown.

 

ABOUT THE PROPERTY

What a lovely property this is.

This can be the place to establish your homestead.

LIVE OFF GRID

Easy to get to as the Lofty Davis Road goes through the property.

When Ontario Hydro got an easement through the property they had the road surveyed.

You can drive to and through the property in a car if you wanted to.

Maybe you want to try homesteading and be off the grid.

Well, you can certainly to that if you wanted.

The Hydro Line goes through the northwest quadrant of the property

The Natural Gas Pipeline goes through the southeast quadrant of the property.

There are many building locations on the property on both the north and south sides of the Lofty Davis Road.

The property is relatively flat with some rise in terrain in the northeast section and the southwest section.

Lots of wildlife in the area so if you are into trapping, hunting and fishing then you will be happy here.

 

TREES ON THE PROPERTY

From a review of Google aerial photography it appears that the mature timber was harvested around 1998 to 1999.

The predominate trees on this property were a good mix of Spruce Trees and Poplar Trees with a sprinkling of Birch Trees.

Today there are more Poplar Trees than Spruce Trees and the poplars are averaging 22-23 years old and are anywhere from about 25 feet to 35 feet tall.

 

LIKE TO HUNT?

This property is in an area that is noted for fishing, hunting and canoeing.

This area is noted for moose hunting opportunities.

This property and area is in prime moose habitat.

The Nipigon and Black Sturgeon area of Northwestern Ontario is about as good as it gets for black bear hunting in Ontario.

One of Northwestern Ontario's most overlooked trophy deer hunting areas is tucked along the north shore of Lake Superior, close to the Black Sturgeon River area where this property is located.

LOCATED IN WILDLIFE MANAGEMENT UNIT (WMU) 13

 

LIKE TO FISH?

This property is located northwest of the Town of Nipigon in an area known as The Black Sturgeon River area begins near Lake Nipigon and flows into Black Bay on Lake Superior.

It is only a short distance east of this property.

Bodies of Water near Black Sturgeon River

Morrow Creek                                                                                   Wolf River

Hurkett Cove                                                                                     Black Bay of Lake Superior

Black Sturgeon Lake                                                                        Wolf Lake

And countless other lakes and rivers and creeks.

Every day you can choose to fish for Brook Trout, walleye, perch, northern pike.

Pick the fish then pick the waterbody you want to fish on.

Fish for Rainbow Trout and Salmon when they come up the rivers and creeks to spawn.

 

NEED HELP TO BUY THIS PROPERTY?

The seller is willing to finance a sale as long as a buyer has a minimum of 35% down Payment.

On a purchase price of $125,000, if a Buyer has a minimum of $44,000 as a down payment the seller will hold an OPEN MORTGAGE for $81,000 at an interest rate of EIGHT (8%) PER CENT.

The seller will hold an OPEN mortgage on your choice of the following terms;

On a 7 year term and a 7 year amortization the payment is 1,257.24 per month.

On a 5 year term and a 10 year amortization the payment is $977.19 per month.

On a 5 year term and a 15 year amortization the payment is $768.00 per month.

On a 5 year term and a 20 year amortization the payment is $670.97 per month.

On a 5 year term and a 25 year amortization the payment is $618.20 per month.

If you have more of a down payment then we can recalculate your choice of term and amortization.

OPEN MORTGAGE: you can pay this mortgage off at any time before the maturity date of the term with NO PENALTY whatsoever. What this does is it allows you to buy the property you want and it gives you time to find cheaper money than 8% and if you do then you can pay off the mortgage with no penalty to you.

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