Gov. File# L-06455: 160 Acres in Cochrane, Canada
Legal Description: S1/2 OF LOT 3 CONCESSION 4, WALKER TWNSHP
Parcel ID Number: 5631-060-00608700-0000 / 5631060006087000000
Canada incredible land opportunity! This quarter section, measuring one half mile square has a nearby river on its north, south and western sides. A half mile west over this public property brings one to the Black River with its nearby tributaries, the Driftwood and Shallow Rivers, flows north to join the "Mighty Abitibi" about three miles distant. The location is about eight miles southeast of the town of Iroquois Falls, east of the community of Porquis Junction (Highways 67 and 11)and north of Matheson. To reach the parcel, one should proceed north from Monteith (Highways 577 and 11) for a little over three and half miles to the sideroad between Concession 5 and 6. Here there is a sign pointing east marked "Black River Boat Ramp". This paved road leads three miles to a concrete ramp to a quarter mile across the river then three miles to the parcel or by boat southeast. There are numerous overgrown trails in this area which offers great hunting and fishing. Mining rights are not included. Canada deed transfer can take up to 6-8 months.
Your winning bid is for the down payment on the property and then is subtracted from the price of $61,284 you then make monthly installment payments of $799/month at the interest rate of 8% APR. There is a Buyer’s Premium of 17.5% on only your down payment amount and a low $249 closing cost. There are no prepayment penalties so you can pay the property off at any time which allows you to save on any future interest expense.
GPS Coordinates: 48.66969, -80.57638
Click Here to view the coordinates in Google.
Some images may be of the general area and not of the actual property.