$829,000

For sale

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Birchill Road, Cochrane (Cochrane Unorganized) - Vacant Land for Sale

Birchill Road, Cochrane (Cochrane Unorganized), Ontario, P0L1C0

65 acres lotListed 72 days ago

Overview

This lot in Cochrane is for sale. It has been on the market 72 days, fresher than the Cochrane average of 121 days.

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Description

Business Opportunity in Northern Ontario - Unorganized Vacant Land with Sand & Gravel Resources! Explore the potential of this Northern Ontario property featuring viable sand and gravel resources suitable for road construction and winter road maintenance. According to the owner, the deposits have an estimated lifespan of more than 300 years, with coarse aggregate and readily accessible gravel deposits. With the right equipment and contracts, this property offers the potential to develop a working sand and gravel operation. It also provides flexibility for recreational use, hunting, farming, or an off-grid retreat. Located approximately 22.5 km from Cochrane with private road access, the property offers seclusion while remaining conveniently accessible. Located in an unorganized township, it has low property taxes of less than $300 per year. Municipal building permits are not required; A unique opportunity to own Northern Ontario land with resource potential, privacy, low carrying costs, and multiple possibilities. Seller is willing to negotiate. MPAC Code: Farm/Vacant Land (id:66096)

Property Details

MLS®: T13708590
Property Type: Vacant Land
Zoning: 200 - Farm Property without buildings/structures
Lot Size: 65 acres
Frontage: 1,330 ft
Price per Acre: $12,754 per acre
Waterfront: Yes
Property Tax: $293.07/yr
Listed: 72 days ago

Market Timing

Days on market

72d

Cochrane (Cochrane Unorganized) listings, avg age

121d

List price

$829K

Homes here sell below asking price

Homes in this market sold for an average of 94.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Cochrane (Cochrane Unorganized) has been listed for 72 days, which is 49 days fresher than the city average of 121. Act while there is still low competition.

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Listed by REALTY NETWORKS INC. · Miriam Hutchinson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0L)

This home lists at $829,000, about 10.7× the local median household income of $77,500.

Carrying it typically needs a household income of about $161,933 (20% down, 25-yr amortization, stress-tested) — roughly 109% above the area median.

Median household income: $77,500
Population: 22,859
Median age: 42
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0L)

$829,000

For sale

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Financing

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