Description

A unique hunting property located northeast of the City of Timmins in Northeastern Ontario.More specifically, the property is located in the Township of Tisdale. Tisdale Township is within the boundary of the City of Timmins thus it is an ORGANIZED TOWNSHIP. Since the property is in an ORGANIZED TOWNSHIP you are limited to building a HUNT CABIN with a base area no larger than 500 square feet.The mature trees were harvested back in 1999. The new growth is mainly spruce trees with some poplar trees.Trees on the property are now well over the 35 feet in height. The property comes with SURFACE RIGHTS and TREE RIGHTS. The previous owner paid for a tree release from the Crown in 1999 so now the trees come with the property. (id:66096)

Market Timing

Days on market

220d

Timmins (TM - Outside East) listings, avg age

154d

Price / ft²

$1,725

List price

$69K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 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 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P4N)

This home lists at $69,000, about 0.9× the local median household income of $73,500.

Carrying it typically needs a household income of about $13,478 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 24,098
Median age: 42.8
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P4N)

$69,000· $1,725/ft²

For sale

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N/A, Timmins (TM - Outside East) - Vacant Land for Sale

Description

Property Details

Market Timing

Neighbourhood profile (P4N)

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