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Echo Bay, Ontario

Vacant Land

$599,000

320 Acres - Bar River Flats Farmland, Bush & Views, 30 Min. East of Sault Ste. Marie. Two parcels (240 + 80 acres) with approximately 150 cleared acres, including 70 systematically tile-drained acres, rich productive silt loam suited to soybeans, canola, wheat, barley, and buckwheat. Natural hardwood/softwood bush with scenic outlook over the Bar River valley and Lake George. Power on site, modern 10,000-bushel grain bin (aeration fan, canola floor, bin sweep), dug well included. Tile drainage outlet issue is being addressed and will be fixed prior to closing or cost adjusted for at closing. Farmland is leased for the season, crop is excluded and will be taken off this year by tenant farmer. Rare chance to own a large, productive block of Northern Ontario farmland, the value of which continues to increase each year. The 80-acre parcel is on the north side of Lake George Road, and the 240-acre parcel is on the south side of Lake George Road, also offering a natural building site for a future home located on a year round municipal road.

Price History

Property

Lot Size
319.5 acres

Community

Postal area P0S

Population
10,170
Private dwellings
6,839
Median age
50
Average household size
2.3
Median household income
$85,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Echo Bay · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of vacant land properties in Echo Bay over the last 12 months.

Location

Mortgage Calculator

$119,800

Estimated Monthly Payment

$2,943

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,943/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

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