The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Great opportunity for your perfect off-grid hunting and fishing retreat! Located in Godfrey Township, within the boundaries of the City of Timmins, this property offers 80 acres of land (roughly 1,300' x 2,680'). Twenty-Three Mile Creek meanders through a small section in the northwest corner of the property. Contour maps indicate that the property sits mostly at 317 metres above sea level and is relatively flat and dry throughout.The current owner has installed an access trail connecting the logging road to the northwest corner of the property. This provides full vehicle access during the non-winter months, with easy snowmobile access during the winter.What makes this property unique is its ideal location near three lakes: Keely Lake, Aconda Lake, and Forbes Lake. All three lakes are within 2 km of the property and offer plenty of access through Crown land. Aconda Lake is especially easy to access, located at the end of the logging road, just before the turnoff to the property.To reach the property from Kamiskotia Road, head south along the logging road for approximately 5 km, then turn left onto the newly installed access trail. Continue for another 550 metres, and you'll arrive at your own beautiful 80-acre piece of paradise!And perhaps the best part? The property is surrounded on all four sides by THOUSANDS OF ACRES OF CROWN LAND!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$507/mo
Mortgage (principal + interest)$449
Property taxFrom listing: $700/yr$58
Minimum $6,000 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$24,000
Ontario land transfer taxProvincial brackets, no first-time refund$925
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$27,725
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Timmins has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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