File 90 – 160 Acres in Evelyn Township $45,000 Canadian
A real nice 160 acre parcel of land in Evelyn Township in Northeastern Ontario.
We believe that this is a real nice investment opportunity as a long term hold and to use as your recreational playground for as long as you want to own the property.
Evelyn Township is located within the easterly section of the Boundary of the City of Timmins.
Thus, Evelyn Township is AN ORGANIZED TOWNSHIP.
The legal description of the property indicates that the SOUTHEAST corner of the property is in Clearwater Lake.
Clearwater Lake is between Frederickhouse Lake to the east and Ice Chest Lake to the west.
All trees and tree rights come with the property
The property was harvested in 2018 so any aerial photos show the trees BEFORE THEY WERE HARVESTED.
The new growth is attracting the big game.
SURFACE RIGHTS COME WITH THE PROPERTY
ALL TREE RIGHTS COME WITH THE PROPERTY
MINERAL RIGHTS ARE RESERVED TO THE CROWN
Crown land abuts this property to the west
Crown land abuts this property to the east
Crown land abuts this property to the south
The property is within a zone called “RESOURCE DEVELOPMENT AREA”
The following is what it says in the Official Plan.
3.4 RESOURCE DEVELOPMENT AREA
3.4.2 Permitted Uses
A broad range of uses is contemplated by this designation including, but not limited to, mining activities, forestry activities, mineral aggregate operations, peat extraction, agricultural operations, resource-related uses, tourism and recreational uses, storage facilities, transportation facilities, infrastructure corridors, waste disposal and recycling facilities and limited residential development. An amendment to the Zoning By-law may be required for any proposed mineral mining operation or mineral aggregate operation.
This is the ideal hunting and fishing property.
You can’t build a cabin here BUT bring in your travel trailer on wheels to stay in while you go fishing and/or hunting and then drive it away when you leave.
You can build a storage shed(s) and as long as it is under 105 square feet (10’x 10’) you don’t require a building permit.
FACTS ABOUT CLEARWATER LAKE (from the MNR Fish-On-Line web site)
The lake has a surface area of 33.4 Hectares or 82.5 acres
The deepest part of the lake is 29.2 meters or 95.8 feet
The average depth of the lake is 9.6 meters or 31.5 feet
Fish species found in Clearwater Lake (from the MNR Fish-On-Line web site)
LOCATED IN Fisheries Management Zone 8
HST IS APPLICABLE TO THIS SALE
NEED HELP TO BUY THIS PROPERTY?
The seller is open to finance a sale as long as a buyer has at least 40% down payment.
On a $45,000 Canadian sale price, if a buyer has an $18,000 Canadian down payment then the seller will hold an OPEN MORTGAGE of $27,000 Canadian at 8% with your choice of the following terms;
On 5 year term and a 5 year amortization the payment is $545.78 Canadian per month
On 7 year term and a 7 year amortization the payment is $419.08 Canadian per month
On 5 year term and a 10 year amortization the payment is $325.73 Canadian per month
On 5 year term and a 15 year amortization the payment is $256.00 Canadian per month
On 5 year term and a 20 year amortization the payment is $223.66 Canadian per month
YOU PICK THE TERM AND MONTHLY PAYMENT THAT FITS YOUR BUDGET
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