2503 NORTH Road, Black River-Matheson, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Matheson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $285,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 2648.53 x 2628.92 ft lot size
Description
Discover the possibilities with this 161-acre vacant land property located in the organized township of Matheson. This beautiful parcel features water on the property, hydro available at the road, and year-round road access. Mineral and timber rights are included in the sale, adding extra value. With plenty of space and privacy, this land is ideal for recreation, hunting, building a future home or cabin, or simply enjoying the outdoors. A great opportunity to own a large piece of Northern Ontario land with endless potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2503 NORTH Road, Black River-Matheson, ON P0K 1N0
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About Purchasing a Home in Black River-Matheson, ON
For a property listed at $285,000 in Black River-Matheson, the legal minimum down payment is $14,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,750 for this transaction. As this listing is in Black River-Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,750.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.