1300 Old Goulais Bay Rd

For Sale 337 Days
$90,000 $5K
$84,900
79.88 Acre

1300 Old Goulais Bay Rd

For Sale 337 Days
$90,000 $5K
$84,900
79.88 Acre

Highlights

Key insights

Description

  • Land value ($/Acre)
    $1K/Acre
  • Time on Houseful
    337 days
  • Property type
    Vacant land
  • Lot size
    79.88 Acres
  • Mortgage payment

Almost 80 acres located in within Sault Ste. Marie. This amazing property presents a unique investment opportunity. Located at the end of Old Goulais Bay Rd, just north of 5th Line, this lot is easily accessible and offers tons of opportunities. The property is marked and can viewed from the almost 1300 feet of graded road. The OFSC (Ontario Federation of Snowmobile Clubs) currently has a trail which runs through the property, but future use would be at the discretion of the buyer. The current owner has recently signed an Option to Lease agreement with EDF Renewable Energies. This would allow EDF a 5 year option to investigate the possibilities of placing Wind Turbines on the property. EDF pays an annual lease at this time, and if and when EDF constructs turbines on the property, the land owner would be in a position to negotiate a return on the turbines performance. (id:55581)

Joey Iachetta of Century 21 Choice Realty Inc.,
#SM242954
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    No sewage system
Location
  • Subdivision
    Sault ste. marie
Lot/ Land Details
  • Lot dimensions
    79.88
Overview
  • Lot size (acres)
    79.88
  • Listing #
    Sm242954
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27660357/1300-old-goulais-bay-rd-sault-ste-marie-sault-ste-marie
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-226

/ Month
25 Years fixed, 20% down payment, % interest
$
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$
%
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