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39.28 Acres, Cochrane, CANADA - This auction is a bid-and-assume. Your bid is for the down payment and then assume the low balance of $29,741.00 @ $299.00/month plus a one time processing fee of $199 and a Buyer's Premium of 15%.
We charge $6 per month collection fee - yearly taxes will be prorated over 12 months. The Collection fee and yearly taxes will show on your payment coupon along with your monthly payment.
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39.28 Acres, Cochrane, CANADA | |||||||||
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| Description “Chimo” is an Inuit term meaning, “I am friendly”, or “Welcome”. It is also the name of the town mascot, the giant Polar Bear who greets visitors at the entrance of town. As Chimo will tell you, Cochrane has a lot to offer any traveler 12 months of the year! The Town of Cochrane is located in the heart of the Great Clay Belt of North Eastern Ontario. By road, Cochrane is 720 kilometres north of the City of Toronto and 725 kilometres east of Thunder Bay.Cochrane is located in the Arctic Watershed. All rivers from here flow north into James Bay and eventually into the Arctic Ocean. The large rivers that drain this section of Ontario provide many recreational opportunities such as canoeing, fishing and camping. As well, they provide ample hydroelectric power. The Town lies on the forty-ninth parallel. As such, its latitude is the same as the greater part of the border between the United States and Western Canada. The climate of Cochrane is modified continental, characterised by four distinct seasons. The summer offers long daylight hours that enhance recreation. Today, the Town of Cochrane is a modern, progressive community. Its residential nature is quite different from the Town's early beginnings. Fortunately, the early builders had the foresight to survey the streets and avenues in grand proportions. The wide, tree-lined avenues regulate a low-density development pattern that is nevertheless reasonably compact and segregated into particular land use areas. Cochrane is served by Highway 11, the northern route of the Trans-Canada Highway, and by Ontario Northland Transportation Commission. | |||||||||
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View Bid Increments & Buyer's Premium
| Estimate | $29,741 - $59,482 |
| Starting Bid | $275 |