Small town in Ontario to offer plots of land for $10 🇨🇦

The Northern Ontario town of Cochrane plans to sell lots for as low as $10 in hopes of bringing more people to town.

Would you move to Cochrane Ontario ?

See maps below ….

A VIBRANT TOWN NESTLED AGAINST THE BOREAL FOREST

Drawn by clean air and mythical light, visitors come to experience traditions, historical landmarks, natural beauty, and polar bears.

Cochrane Ontario : https://cochraneontario.com/

The municipality held a special council meeting recently to discuss the topic and ultimately adopted the concept of providing discounted municipal lot sales and a property tax rebate program to energize sales.

Mayor Peter Politis told TimminsToday that what’s happening with the housing market is quite problematic.

“The reality is that the Western democratic dream is to own a home and raise a family,” he said.

“We have a whole generation, our youth, who believe they will never be able to own a home, and most would see that as being borderline tragic.”

Politis said they are trying to create a refreshing and positive approach to generate home inventory.

Source: https://www.timminstoday.com/local-news/cochrane-planning-to-sell-residential-lots-as-low-as-10-7741660

Cochrane describes itself as a town with the amenities of 21st century life and the wide-open possibilities of the unexplored frontier. There are hundreds of kilometres of snowmobile trails, countless lakes, and rugged wilderness just waiting for you. The people of Cochrane think that you’ll find their town “wonderfully unexpected.”

POPULATION: 5,321

Source: https://www.northeasternontario.com/go/cochrane/

Where is Cochran Ontario ???

North of Sudbury

I have lots of questions ….

The council has provided that direction. And yes, we agreed to providing lots as low as $10 a lot,” he said.

“Now we need to define the program, right? So, what is it? What's the criteria? What are the qualifications? What's the program? How's it going to unfold? How are we going to treat developers versus individuals and that type of thing, and how are we going to make sure that the local municipality here are part of that?”

As the program’s details become further established, the town’s target is to launch in early 2024 …

“We just want to make sure all of that stuff is in place. So, we've got the concept agreed to right now, now we're working on the program and the details of criteria,” he said.

Mayor Politis said they will continue to issue releases regarding the topic.

Source: https://www.timminstoday.com/local-news/cochrane-planning-to-sell-residential-lots-as-low-as-10-7741660

A few photos from Cochrane Ontario :

Looks nice to me….

Source: https://www.tripadvisor.com/Tourism-g181755-Cochrane_Northeastern_Ontario_Ontario-Vacations.html#/media/181755/