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Messages - Bitty

Pages: [1]
1
Questions and Answers / Re: Lang Lake
« on: March 05, 2007, 10:44:30 PM »
All the lots went for $40k ++++ :o

2
Questions and Answers / Lang Lake
« on: March 02, 2007, 11:49:20 PM »
Does anyone know the results of the rainbow district school board tax sale?

Thanks!

3
Property Information / Re: Minden Hills Properties
« on: November 29, 2006, 05:38:47 PM »
If it is the property that was up for tax sale, it definitely does not have a septic.  We did a search with the Health Department and the property up for sale does not have, nor was a septic permit applied for this lot.  Notwithstanding that, the septics were built in the 80's and never did get final approval.  I speculate that either one of the other lot owners is trying to sell, or if it is the tax sale property, the seller is grossly misinformed as to what property they actually own! 

There is also a large rock (much taller than an suv) in between the lots with the septic which would have to be blasted before any construction could take place.  We also checked with the building department and a variance would be required in order to obtain a permit.  It will be very interesting to see how this one plays out!  :P

4
Property Information / Re: Minden Hills Properties
« on: November 15, 2006, 10:20:52 PM »
Any idea for what the waterfront on Bob Lake went for?

Thanks!

5
Property Information / Re: Minden Hills Properties
« on: November 07, 2006, 01:44:53 PM »
We checked with the Minden Health department regarding the septics on the Bob Lake property.  The septics, neither of which received final sign-off were installed in 1980 and are located on lots 1 and 3.  No permit was submitted for lot 2.  The existing cottage is not on any of these lots so lot 2 is in between the two septics.  It would be up to the health department to provide approval for a septic and you cannot get a building permit without one in Minden Hills.

Hope this helps.

6
Property Information / Re: Does anyone know how the Central Frontenac bidding went?
« on: October 13, 2006, 09:44:42 PM »
Thanks!

7
Property Information / Does anyone know how the Central Frontenac bidding went?
« on: October 12, 2006, 05:49:24 PM »
I am very curious to see if anyone bid on the lakefront lots with the $107k writ.

I had several conversations with the CRA and they could (would) not tell me how they would handle that one.  With a writ of execution, the CRA can't make you pay the outstanding amount, but they can seize the property.  Apparently the writ was executed in York as well, so its anyone's guess as to how the CRA would ultimately handle this one.  The properties were not that spectacular anyway but the view was nice.

Cheers

8
Property Information / Re: Central Frontenac
« on: September 15, 2006, 10:18:06 PM »
I am thinking of driving out to see the Kennebec lake properties on the weekend and would appreciate any info you might have before hand.

Thanks

9
General / Re: Water Access
« on: August 29, 2006, 03:19:37 PM »
My hubby was able to get out and see this property.  While I won’t lie and say we aren’t caught up in all the hoopla, who ever ends up with this property will have a lot of constraints to deal with.

First the good points, the lake is nice, it’s close to Toronto, the property is picturesque and you could use a composting toilet.

Now the bad, the property is small!  It’s not much bigger than our lot in Toronto and it is indeed steep.  We spoke with the building department and any new construction would have to be 66’ from the shoreline and ten feet from the sides.  This means that even if you could build new, the max width is 35’.  Based on what my hubby can recollect, he can’t be sure if the property goes back this far before you hit the mountain.

If the existing facility is 50’ from the shoreline, you can build onto the sides and the back.  There may be about 10 feet that could be added on to the back before the mountain rises up.  You can’t build a second story.  So if the existing structure is less than 50’ from the shoreline, the existing shack is all you get.  My husband is a carpenter and he says the existing shack would definitely need to come down.

We also spoke with the Health department and there is no septic and even if you could get approval, the land is all bedrock so that won’t happen.  If you put in a grey water leaching bed, you will need to bring in soil to cover it or you could have a pit drilled, which would also be cost prohibitive.  There is no barge that empties holding tanks on that lake so that is not an option.

We found a property on the same lake listed for $275k with 588’ of frontage and just over 4 acres.  It has year round road access and telephone and hydro.  When you compare that to .24 acres of water access property it doesn’t compute.  If you do the math, the $275k property is worth $68k per acre and a mere $17k for a ¼ acre and this is with road access, telephone and hydro.

We are still interested in the property, although I’m somewhat put off by the steepness of it (I have ms and I’m not too keen on stairs!), we are still thinking about putting in a bid, although, given the amount of interest that has been generated, I wonder if it is worth it.  If the property could be obtained at a discount that would be great, but unfortunately, there is no way we could afford market prices.  At the end of the day, this excercise has been a great learning process so we have only gained in that respect.

p.s. This board has been very valuable in my research, thanks all.

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