0 George Lake Firstbrook Twp. Township, Timiskaming, ON P0J 1K0 – Timiskaming – $500,000

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Description

James Lathem Excavating is offering an exceptional opportunity to acquire five gravel pits in one package, making it an ideal investment for new or existing contractors looking to expand their operations. This includes one patented pit and four Crown Land pits, strategically located in the Firstbrook Township (Haileybury area) and Coleman Township, with convenient access to Highway 11. The patented pit spans 134 acres, is located in an unorganized township with no royalties and no zoning restrictions and it is not governed by the Aggregate Resources Act, which is especially appealing to contractors seeking flexibility and long-term profitability. In addition, there are three Crown Land pits under Aggregate Permits in Firstbrook Township: one with a licensed area of 25 acres and unlimited tonnage, another with a 37-acre licensed area and a maximum tonnage of 3 million, and a third with a 10-acre licensed area and a 100,000-ton maximum. A fourth Crown Land pit, located in Coleman Township, offers a 10-acre licensed area with a 30,000 maximum tonnage. An information package, complete with detailed maps, is available for interested buyers. This is a prime opportunity for new and existing contractors who would like to secure a reliable gravel source in the Temiskaming Shores area.

Property Details

• Property Type: Commercial
• List Price: $500,000
• Lot Size (sq ft): 54.4
• Tax Year: 2024
• Annual Taxes: $307