SOLD!
UNORGANIZED TOWNSHIP
3,000 FEET OF RIVER FRONT
ROAD ACCESS
CLOSE TO MAJOR HIGHWAYS
ACCESS TO CROWN LAND
This is an amazing opportunity to own a large river front property with 164 acres to explore.
If you have ever been looking for the perfect location to bring your family and teach your kids the very important survival techniques of living off the land, how to explore using a compass, portage using a river system and use material from your own land to build a cabin to live in, this is it!
LOCATION:
Close proximity to Highway 11 and less than an hour drive to Kirkland Lake, Black River-Matheson and Timmins.
This means, within an hours drive you have 3 hospitals to choose from.
Not to mention, several grocery stores, building centres and doctors offices at your disposal.
Would make a great location for your country retreat, hunting lodge or full time residence and hobby farm,
Crown Land on the East and West sides of the property.
LIKE TO HUNT:
This property is located in Wildlife Management Unit (WMU) 28
WMU 28 is located in the Kirkland Lake District of the Ministry of Natural Resources (MNR).
The unit is bounded by the Quebec border to the east, the Montreal River to the south, the Black River, Watabeag River, Englehart River and Montreal River to the west, and Lake Abitibi and the Abitibi River to the north.
Moose and white-tailed deer are the main cervid species that live in this zone,
With 164 acres of land, mixed with rolling hills, creeks and rivers, this property is a hunters paradise.
WHITE CLAY RIVER:
For the adventurer in you, canoe and kayak from your property. The map shows that some areas of the river have white water rapids.
The 3,000 FEET OF RIVER that runs through the property connects to three lakes south of the property; Lower Twin Lake, Swan Lake and Meyers Lake and is a great source for fishing.
THE TREES:
All trees come with this property
The trees haven’t been harvested for more than 20 years.
When they were harvested, only the mature trees were cut down. Any tree which had a diameter of 6 inches or less was left.
This mean all those trees which were 6 inches or less, had 20 years to grow and mature.
SNOWMOBILE TRAILS:
ARE YOU LOOKING FORWARD TO THE SNOWFALL? Some of the best groomed and maintained trails Ontario has to offer are a stone through away from your property
Get your Ontario Federation of Snowmobile Clubs (OFSC) and enjoy over 30,000 kms of trails.
Then Join the Timiskaming Abitibi Trail Association (TATA) and be a part of the close community of snowmobilers and explore the endless snowmobile trails that the area has to offer.
Distances
Toronto 609 kms
Timmins 108 kms
Barrie 514 kms
Ottawa 623 kms
SURFACE RIGHTS COME WITH THIS PROPERTY.
MINERAL RIGHTS are reserved by the Crown
TREE RIGHTS COME WITH THIS PROPERTY
NEED HELP TO BUY THIS PROPERTY?
The seller is willing to finance a sale as long as a buyer has a minimum of a 40% down Payment.
On a purchase price of $180,000, if a Buyer has a minimum of $72,000 as a down payment the seller will hold an OPEN MORTGAGE for $108,000 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 3 year term and a 5 year amortization the payment is $2,183.13 per month.
On a 3 year term and a 10 year amortization the payment is $1,302.92 per month.
On a 3 year term and a 15 year amortization the payment is $1,024.01 per month.
On a 3 year term and a 20 year amortization the payment is $894.63 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.
