Parcel 24715 Gibson Lake Road
Timmins, ON
- 2 bed
- 1 bath
- approx. < 700 sqft
- Other
- 46 days on market
THIS PROPERTY IS THE ONLY DEEDED PROPERTY ON HEART LAKE! Good road access from Gibson Lake Road, which is south, off of Hwy 101, to a gated private entrance. Heart lake offers clear pristine water and some sand beaches. Two cabins have been built on this property about 10-14 years ago. The cabins were located so that they are far enough away from each other that each cabin is very private. There are no electrical services to the property so you are totally OFF THE GRID. All existing cabins have been wired for generator. This property has over 7200 feet of shoreline! The lake has BROOK TROUT and SPLAKE and YELLOW PERCH. All buildings have low maintenance metal roofing. An investment property that we know is to surely go up in value over time. This is a drive to property in the UNORGANIZED township, of Sheraton. Located about 45 kilometers east of the City of Timmins and then 14 kilometers south on the Gibson Lake Road, so in total just under 60 kilometers from the City of Timmins. About a half hours scenic drive.
Listing Details
- Taxes (2026)
- $358
- Listed
- July 22, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Age
- 6-15
- Construction
- Wood
- Roof
- Metal
- Foundation
- Post & Pad
- Interior
- Primary Bedroom - Main Floor
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Other
Location & Legal
- Cross Street
- Hwy 101
- Zoning
- unorganized so there is no zoning.
- Parcel Number
- 654460073
- Possession
- Flexible
- Occupancy
- Vacant
Waterfront
- Water Body
- Heart Lake
- Shoreline
- Gravel
- Docking
- Private
Community
Postal area P0N
- Population
- 9,435
- Private dwellings
- 4,472
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $90,000
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
Residential Freehold in Timmins · last 12 months
- Median sold price
- $300,000
- Homes sold
- 621
- Median days on market
- 19
- Sale-to-list price
- 102.4%
Based on 621 recorded sales of residential freehold properties in Timmins over the last 12 months.
Listed by
HOMELIFE OPTIMUM REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$280,000
Estimated Monthly Payment
$6,878
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,878/mo (20% down, 5.5%)
Taxes: $30/mo · Insurance: $350/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Heart lake offers clear pristine water and some sand beaches.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?