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Buying piece of land?  RSS feed

 
Daniel Mor
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Hi, just wondering if this is possible:

I have seen in google maps, some BIG land areas, so, If someone (near Mississauga -for example-) has 5, 10, 50, 100+ acres, and you ask them to sell you just 1 acre - for constructing a small house- ... and they agree... which is the next step, in order to make that piece of land yours...? is it possible..?

Thank you for any answer
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Michael Milligan
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You will need to talk to the city government. They need to legally subdivide it. Turn it from 1 property into 2 or more and then sell you one of those. The other option is to get a 25 year lease or something. I think they can do that without the trouble of dealing with subdivision.
 
Daniel Mor
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Michael Milligan wrote:You will need to talk to the city government. They need to legally subdivide it. Turn it from 1 property into 2 or more and then sell you one of those. The other option is to get a 25 year lease or something. I think they can do that without the trouble of dealing with subdivision.


Thank you for the avise, I think lease is a good idea but not the best option, once the 25 year agreement is over, if they are not honest they can keep your house... is only a thought, you need to know you are dealing with honest people...!

Then, how difficult and expensive is to legally subdivide it...?
 
Michael Milligan
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I don't know how expensive it is to subdivide. Not much compared to the price of the land itself, that's for sure. The other problem with a lease is that they can still sell the property and then you'll have a new land lord you didn't get to pick. I agree it is not the best option, but it is an option.

If you go to the city they can tell you how much subdivision is and who owns the land you are interested in.

Question: why that area? I for one plan to get a team together, find the money and buy some paradise in Ecuador. The climate and costs are much better for people like us there. If you are interested...
 
Daniel Mor
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Michael Milligan wrote:I don't know how expensive it is to subdivide. Not much compared to the price of the land itself, that's for sure. The other problem with a lease is that they can still sell the property and then you'll have a new land lord you didn't get to pick. I agree it is not the best option, but it is an option.

If you go to the city they can tell you how much subdivision is and who owns the land you are interested in.

Question: why that area? I for one plan to get a team together, find the money and buy some paradise in Ecuador. The climate and costs are much better for people like us there. If you are interested...


OH...! never tought this would happend...! I'm from Ecuador, I live near Quito in a place called El Valle de Los Chillos 1 hour from Quito, I'm studing architecture and I'm planning going to Canada for a Master degree in University of Toronto, so living there is an option...

Tell me where are you planning to buy some land any particular city?, since here in Ecuador we have 3 regions, Sierra, Costa y Oriente and... 4th Galapagos Islands....

Siera: Cold (for us, but it never snows so is not that cold.... ), Oriente is on the Amazonas side, so is really wet weather and some times it gets really hot..... Costa = Hot most of the time but beautiful paradise next to the beach as you said.....!
 
Michael Milligan
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Oh! wow! lol

I have a person in Quito who will be helping me. She is from Vancouver area, like me, but now lives there. Land is cheap and the climate is great. I think the Quito area is what I'm looking for just because that is where she lives and can be involves. We are working on a business plan, then finding some money here, (likely related to sustainable development and such). I'm a cook by trade. I want to focus on no or low input farming to produce fruits and veg to be value added into products for sale to the local urban population. We can even grow the materials for the packaging. The goal is (other than making me happy) to show people how to increase their household incomes on their own, for low cost.

Perhaps you want in on the project? I don't have the money yet, but I have 1000s of hours of concept and skills development, a great idea and the ability to make it work.

What ever money you have, you aren't going to get much land near a city in Canada. Or if you DO have money, can I have some for my project? lol.... but seriously, I'd take it! It is also worth noting that your options for housing and business in Canada are limited by regulation. You can't just make a house and live there like in Ecuador. There are very costly requirements. Thanks the first world builders cartels for that.

I want to get a patch, bust it into homesteads and do all the wonderful work I can.

This is me and what I want to do:



 
Nick Kitchener
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Location: Thunder Bay, Ontario, Canada
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I just saw this land for sale for under $450 an acre. It's just north of the US / Canada border:
http://www.century21superior.com/Vacant%20Land%20Pages/Lot%2011%20Neebing.htm


 
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