Gurvinder Nokwal REALTOR®
For Sale Other 88 days on market

$1,400,000

Est. payment $6,199/moCalculate yours

Parcel 24715 Gibson Lake Road S, Timmins, ON P0N 1K0

TM - Outside East, Timmins, ON P0N 1K0

  • 2 Beds
  • 1 Baths
Map

Listing courtesy of HOMELIFE OPTIMUM REALTY MLS® T13591982

About this home

THIS PROPERTY IS THE ONLY DEEDED PROPERTY ON HEART LAKE! Good road access from Gibson Lake Road, which is south, off of Hwy 101, to a gated private entrance. Heart lake offers clear pristine water and some sand beaches. Two cabins have been built on this property about 10-14 years ago. The cabins were located so that they are far enough away from each other that each cabin is very private. There are no electrical services to the property so you are totally OFF THE GRID. All existing cabins have been wired for generator. This property has over 7200 feet of shoreline! The lake has BROOK TROUT and SPLAKE and YELLOW PERCH. All buildings have low maintenance metal roofing. An investment property that we know is to surely go up in value over time. This is a drive to property in the UNORGANIZED township, of Sheraton. Located about 45 kilometers east of the City of Timmins and then 14 kilometers south on the Gibson Lake Road, so in total just under 60 kilometers from the City of Timmins. About a half hours scenic drive.

Property details

Overview

Property Type
Other
Style
1 1/2 Storey
For
For Sale
Status
New
Approximate Age
6-15
Size
< 700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Cooling
None
Exterior
Wood
Foundation
Post & Pad
Roof
Metal
Water
Other
Sewer
Other

Lot & Parking

Lot Size
100 + acres
Parking
None garage · 8 total
Zoning
unorganized so there is no zoning.

Financial

Property Taxes
$358 (2026)

Location

Neighbourhood
TM - Outside East
Cross Street
Hwy 101
Direction Faces
East

Listing

MLS® Number
T13591982
Days on Market
88
Listed On
2026-07-22
Listed By
HOMELIFE OPTIMUM REALTY

Features

Interior

  • Primary Bedroom - Main Floor

Pool

  • None

Mortgage calculator

Minimum for this price: $115,000 (8.21%)

Amortization, years

Estimated mortgage payment

$6,199 per month

Principal and interest
$6,199
Property tax
$30
Estimated monthly cost
$6,229

Your mortgage

Mortgage amount
$1,120,000
Mortgage insurance
Not needed
Interest over 25 years
$739,669

Cash to close

Down payment
$280,000
Land transfer tax
$24,475
Total, before legal fees
$304,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

Parcel 24715 Gibson Lake Road S, Timmins, ON P0N 1K0 TM - Outside East, Timmins, ON P0N 1K0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,400,000 Parcel 24715 Gibson Lake Road S, Timmins, ON P0N 1K0
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