Sold for:Sold Nov 27, 2024
$250,000

0 Gillies Depot Road

Timiskaming (TIM - Outside - Rural), ON P0J 1C0

Vacant Land SoldNot available

Property not available for sale or for rent.

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Sale & Price History for Gillies Depot Road, Timiskaming, TIM - Outside - Rural

2024-07-08
2024-11-27
Sold
Price
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MLS#
t10899672

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Gillies Depot Road, Timiskaming, TIM - Outside - Rural

Experience tranquility and privacy on this breathtaking 20 ½ acre waterfront property on the serene shores of Gillies Lake in Northern Ontario. This prime piece of land boasts an impressive 650 feet of lakefront access, complete with a sandy beach ideal for swimming, boating, and fishing. Heavily wooded with lush, mature trees, this lot ensures privacy and an immersive natural setting. Gillies Lake is a beautiful small lake renowned for its peaceful, clean waters, making it the perfect locale for those looking to escape the urban pace and immerse themselves in nature. Whether you aim to construct your dream home or seek a seasonal retreat, this property offers a unique blend of relaxation, privacy, and scenic beauty in one of Northern Ontario’s most charming and pristine environments. This is a rare opportunity to own a significant waterfront parcel in a calm and unspoiled setting.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,174
Land Transfer Tax Fee
$2,225

Interior Features

Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Vacant Land

Construction

Exposure
East
Special Designation
Unknown

Lot

Lot Front
650.00 ft
Lot Size
x 650
Lot Size Code
x 650

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

Sewers
None

Municipality
Timiskaming
Neighbourhood
TIM - Outside - Rural
Main cross streets
At Cobalt cut off go north on highway 11 B to Gillies Depot Road and turn right to real estate sign.
Zoning
RU
Directions
At Cobalt cut off go north on highway 11 B to Gillies Depot Road and turn right to real estate sign.
Waterfront
Direct

MLS® number
T10899672
Data source
itso
Status change
2024-11-27
Listed on
2024-07-08
Days on market
142 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
Miller Realty Group Inc. Brokerage

Home Market Value

Current home valuation for Gillies Depot Road, Timiskaming, TIM - Outside - Rural, Timiskaming, ON. Listed for $250,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Gillies Depot Road, Timiskaming, TIM - Outside - Rural

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Timiskaming, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$12,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
$
%
$
+CMHC insurance
$9,500$6,975$5,950$0
=Total mortgage
$247,000$231,975$218,450$200,000
Amortization
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%
%
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Payment frequency
=Mortgage payment
$1,206monthly$1,133monthly$1,067monthly$977monthly
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Land Transfer Tax

Provincial

$2,225

Total Land Transfer Tax

$2,225

Around this home

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