$140,000

For sale

72 acres Plateau Lake, Rainy River Remote Area - Vacant Land for Sale

72 acres Plateau Lake, Rainy River Remote Area, Ontario, P0T1C0

0 baths1036 × 2649 ft (63.00 acres) lotListed 78 days ago

Overview

This lot in Rainy River Remote Area is for sale. It has been on the market 78 days, fresher than the Rainy River Remote Area average of 113 days.

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Description

Own a 72 ACRE piece of paradise .Escape to the peace and beauty of Plateau Lake. Situated approximately 11 km east of Atikokan, Ontario or about 15 minutes. The property fronts on the south shore of Plateau Lake. It enjoys about 1,036 feet of shoreline frontage on the south shore. There is a small river that flows south from Plateau Lake, through the property and down to a small lake that is about 15 acres in size. There is about 480 feet of frontage on the north shore of the small lake. The shoreline of the property consists mainly of rocky slopes and shallow soils. The vegetation consists mainly of mature White Birch, Poplar, Balsam Fir, Spruce and some White Pine. A review of the original patent reveals that this property was patented June 15, 1903. SURFACE RIGHTS COME WITH THE PROPERTY, TREE RIGHTS COME WITH THE PROPERTY except for the "Pine Trees" which are reserved to the Crown. How to get to the property. By Boat (Water access) , 1-By ATV/ARGO or by SNOWMOBILE, 3-By Float Plane. This property is zoned RD (Resource Development Zone). Plateau Lake is approximately 4 km in length and 5 km in width, it has a maximum depth of 15 meters or 49.2 feet, the lake has an average depth of 3.8 meters or 12.5 feet and is in Fisheries Management Zone 5. (id:66096)

Property Details

MLS®: X13689204
Property Type: Vacant Land
Zoning: RD-Resource Development Zone
Bathrooms: 0
Lot Size: 1036 × 2649 ft (63.00 acres)
Frontage: 1,036 ft
Waterfront: Yes
Property Tax: $872.54/yr
Listed: 78 days ago

Features

Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

78d

Rainy River Remote Area listings, avg age

113d

List price

$140K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.1 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 Rainy River Remote Area has been listed for 78 days, which is 35 days fresher than the city average of 113. Act while there is still low competition.

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Listed by HOMELIFE OPTIMUM REALTY · ELIO SCOCCHIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0T)

This home lists at $140,000, about 1.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $27,347 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 32,000
Median age: 45.6
Owner / renter: 84% / 16%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0T)

$140,000

For sale

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