no valid tender

[Dave2]

fwiw

Looks like the game rules really are changing.

The property I was asking about was the 100 ac in Chisholm - got this nice reply to my email request from the township clerk:

Did they mention if the winning bidder was an individual or corporation like Dignam. 

[LarasDad]

Did they mention if the winning bidder was an individual or corporation like Dignam. 

Sorry Dave, that three sentence email was all she wrote.

Here's an <a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10370147&PidKey=405451296>MLS listing[/url] for cleared land with 2 road frontages

[Dave2]

Did they mention if the winning bidder was an individual or corporation like Dignam.  

Here's an <a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10370147&PidKey=405451296>MLS listing[/url] for cleared land with 2 road frontages

Thanks for responding.  I checked town website but no clue.

If we are getting bids like that that far north I wonder what it will be like closer to Toronto.  Timber values right now are relatively low so I don't expect it was that unless there is some really valuable species on it which would only be apparent with an on site inspection.

What is interesting is that we had a similar high value east of North Bay recently.  Maybe I will have to go up to Frank's favourite town to find a reasonable purchase price (see photo) (For newbies it is Moonbeam between Cochrane and Kapakasing and don't take my comment seriously as Frank is way too smart for that.)

At these prices life is going to get tough to make a buck on resale as we are almost at Dignam's market prices. 

[Moe]

A friend of mine was there during the bid opening session. According to him It was a local individual who won it.

[g2020]

Does anyone have the results?

[Dave2]

Does anyone have the results?  

They are not what you are going to like if I believe your bid is the one I think it is.  
(For Private message follow-up) Unlike OTS Jeff my fees are reasonable; a pint of cold liquid manufactured by Mr. Molson or Mr. Labatt or cancellation of the Timmies coffee I owe you to be collected next time I visit my parents gravesite.  

For a coffee or cold pint I can give you a complete breakdown of all bids by PM but it will not be in the public domain as I am not prepared to release this detailed quality of information in public.  (I will release to others on the board by PM I recognize but do not want to post it to lurkers, because I reserve the right to bid myself)

I am assuming you are interested in 993 Maple Grove, Harrow.   Winning Bid:  
$180,00 - 22 bids in all

I believe your bid was at the bottom of the top 10 as there were 10 bids in total over $100,000.  Refer to my Chisolm post about current market pricing.  
  
The Guy who will be really mad  is the person who bid $143,000 for 14 Wilson.  He was the only bidder and could have got it for $41,475 and save himself over $100,000.  He can't even do a deal with the second place bidder because there isn't one.  

No bids on the rest.

Now that bids are over; G2020  could you explains to rest of board quality of properties up for tender in your own words.   Any other comments welcome.

[landbaronofthenorth]

A friend of mine was there during the bid opening session. According to him It was a local individual who won it.

If the successful bidder was the person who owns the adjacent property (with road access), I think they got an OK deal.

The minimum on this was $4574.48.  This is landlocked 2nd growth bush; only access is "old logging road" more or less following unopened RA; at least 1/4 mi since its 2nd lot from actual road.  And about 20-25 ac is wetland, soon to be EP ? since they have already past their draft official plan - entire are is "candidate ANSI".

Per MLS, land with road frontage goes for a little over $1k per acre, so maybe $300/ac for "useless" property isn't overpaying ? (taxes are "about $400" according to township clerk).

If anyone is interested in more "useless"  property, I have landlocked property available in the Greater Sudbury Area I would consider selling for $200 an acre. (pm me for me details if interested).

[Dave2]

If anyone is interested in more "useless"   property, I have landlocked property available in the Greater Sudbury Area I would consider selling for $200 an acre. (pm me for me details if interested). [/quote]

For $300 an acre I will even sell someone Useful property with year round road access and power line with bell telephone.  I will even throw in the bears and moose for free.  You can even get good revenue from the logs.  Photos are of North Boundary which goes for a long way. (75 acres)

Given that it is Northern Property I can confirm the Beer Store is a short 15 - 20 minute drive depending if you drive like people from the North or the south.