8 HOLLAND Road, Thunder Bay - Agriculture for Sale
8 HOLLAND Road, Thunder Bay, Ontario, P0T1W0
beds
$8,000,000
Thunder Bay
8 HOLLAND Road, Thunder Bay, Ontario, P0T1W0
$8,000,000
Thunder Bay
This farm in Thunder Bay is for sale. It has been on the market 87 days, fresher than the Thunder Bay average of 108 days.
Rare ~2,970-Acre (Approx. 12 Sq. Km.) Land Opportunity Only About 30 Minutes from Thunder Bay! An exceptional large-scale, largely undeveloped Northern Ontario property offering remarkable privacy, natural landscape, forested areas and water features, while remaining conveniently accessible to a major Northern Ontario city and transportation routes. Nearly 3,000 acres under one ownership creates exciting long-term potential for agriculture, livestock, forestry, aquaculture, recreation, hunting/camping, eco-tourism, private estate, renewable energy, resource-based uses and land investment. Potential severance/subdivision and other development opportunities may be explored, subject to applicable zoning and governmental approvals. The property's exceptional scale may also warrant investigation for future renewable-energy, energy-storage, industrial or data-centre-related uses, subject to servicing, zoning and approvals. Vendor Take-Back (VTB) mortgage financing may be available from the Seller for qualified Buyers, subject to mutually agreeable terms and conditions. A truly rare opportunity for investors, developers, agricultural operators or families seeking a significant Northern Ontario landholding with exceptional scale, natural resources and long-term potential. Please note: The offering is for SURFACE RIGHTS ONLY; mineral rights are not included. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 87 days on market, against an average age of 108 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 24 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 107.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This agriculture in Thunder Bay has been listed for 87 days, which is 21 days fresher than the city average of 108. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $8,000,000, about 103.9× the local median household income of $77,000.
Carrying it typically needs a household income of about $1,562,680 (20% down, 25-yr amortization, stress-tested) — roughly 1929% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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