With nearly 300 acres of densely forested grounds, the potential for a profitable forest management solution awaits. This property is currently classified under the Ontario Managed Forest Tax Incentive Program, a program that let's you see a 75% reduction in tax costs for the portion of land that has been approved. A savings on this property of approximately 2/3rds of the regular tax bill!
At the current stage in the program, this property is ready to be logged in order to reduce the density. The seller has already contacted a local logger and obtained estimates and information on potential revenue.
Find out more about the Ontario Managed Forest Tax Incentive Program by reviewing the guide.