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±3.15 AC Industrial Land on Hwy 105 - Red Lake, ON
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Auction #
422-41 -
Lot Size:
±3.15 acres -
Zoning: Industrial
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Transaction Fee:
See Below
±3.15 AC Industrial Land on Hwy 105 - Red Lake, ON
Land For Sale in Red Lake, ON
Junction Highway 105 & 125, Red Lake, ON P0V 1L0FRE Auctions is pleased to present the Online Auction for this unique land lot in Ontario, Canada
Property Highlights:
- ±3.15 Acre vacant land lot in Red Lake, Ontario
- At the terminus of 125 along the 105 Highway
- Raw land with Restrictive Covenants
- 2.2 Acres are zoned for Industrial and the remainder is R5 but cannot have any residential development
- Three (3) separate parcels - 0.37 AC -R5/non residential - 0.58 AC -R5/non residential - 2.20 AC -Industrial
- NOTE: Images were taken from Google maps and may not reflect the current view and/or property topography
Planning Department Information: 2 Fifth St, PO Box 1000. Balmertown, ON P0V 1C0. 807-735-2096. Planning Department Website
Red Lake is a municipality with town status in the Canadian province of Ontario, located 535 km northwest of Thunder Bay and less than 100 km from the Manitoba border. As a passenger and tourism hub for Northwestern Ontario, Red Lake acts as a central location for many supplies and services for over twenty northern fly-in communities out of YRL airport.
The three primary sources of employment in Red Lake are support services for the numerous mines surrounding the town, small scale logging and a tourism sector specializing in hunting and fishing. It is known as the "Norseman Capital of the World", referring to the Noorduyn Norseman aircraft which played a significant role in the development of the area.
For Tax Information click the link below
https://www.lioapplications.lr...
Accept access disclaimer, click search and use the address tab to search by address
Thank you for your interest in this property. Please understand that it is a former oil company property and it is, or was in the past, environmentally impaired. It is being offered with certain use restrictions which is why the vendor is willing to sell it at a highly reduced price. This does not mean that the property is unusable but rather it has some restricted uses. In this regard, you are advised to read every available document carefully including but not limited to the Terms and Conditions of Sale and the Offer to Purchase (OTP) documents before you place a bid. Finally, please conduct your due diligence before you place your bid. If you are declared the winning bidder, you will have three (3) days to execute the OTP and remit your purchase deposit money (25% of the purchase price or $1,000 minimum) to the vendor’s solicitor and up to thirty (30) days to close the transaction.
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: RE/MAX Crown Realty RE/MAX Commercial
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
| Bidder ID | Bid | Date/Time | Type |
|---|---|---|---|
| No bids have been placed yet. | |||
How to Bid
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Red Lake, ON P0V 1L0
Canada
| Bidder ID | Bid | Date/Time | Type |
|---|---|---|---|
| No bids have been placed yet. | |||
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Red Lake, ON
Canada -
Property Type: Land
-
Lot Size: ±3.15 acres
-
Zoning: Industrial
-
Transaction Fee: See Below
FRE Auctions is pleased to present the Online Auction for this unique land lot in Ontario, Canada
Property Highlights:
- ±3.15 Acre vacant land lot in Red Lake, Ontario
- At the terminus of 125 along the 105 Highway
- Raw land with Restrictive Covenants
- 2.2 Acres are zoned for Industrial and the remainder is R5 but cannot have any residential development
- Three (3) separate parcels - 0.37 AC -R5/non residential - 0.58 AC -R5/non residential - 2.20 AC -Industrial
- NOTE: Images were taken from Google maps and may not reflect the current view and/or property topography
Planning Department Information: 2 Fifth St, PO Box 1000. Balmertown, ON P0V 1C0. 807-735-2096. Planning Department Website
Red Lake is a municipality with town status in the Canadian province of Ontario, located 535 km northwest of Thunder Bay and less than 100 km from the Manitoba border. As a passenger and tourism hub for Northwestern Ontario, Red Lake acts as a central location for many supplies and services for over twenty northern fly-in communities out of YRL airport.
The three primary sources of employment in Red Lake are support services for the numerous mines surrounding the town, small scale logging and a tourism sector specializing in hunting and fishing. It is known as the "Norseman Capital of the World", referring to the Noorduyn Norseman aircraft which played a significant role in the development of the area.
For Tax Information click the link below
https://www.lioapplications.lr...
Accept access disclaimer, click search and use the address tab to search by address
Thank you for your interest in this property. Please understand that it is a former oil company property and it is, or was in the past, environmentally impaired. It is being offered with certain use restrictions which is why the vendor is willing to sell it at a highly reduced price. This does not mean that the property is unusable but rather it has some restricted uses. In this regard, you are advised to read every available document carefully including but not limited to the Terms and Conditions of Sale and the Offer to Purchase (OTP) documents before you place a bid. Finally, please conduct your due diligence before you place your bid. If you are declared the winning bidder, you will have three (3) days to execute the OTP and remit your purchase deposit money (25% of the purchase price or $1,000 minimum) to the vendor’s solicitor and up to thirty (30) days to close the transaction.
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: RE/MAX Crown Realty RE/MAX Commercial
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.