Huge interest in northern Ont. town's $10 land sale program as it nears launch
CTV
It sounds too good to be true, but Cochrane’s mayor says the town’s eye-catching land-for-$10 sales pitch is nearing fruition.
It sounds too good to be true, but Cochrane’s mayor says the town’s eye-catching land-for-$10 sales pitch is nearing fruition.
Peter Politis shared more details with CTV News.
“The individuals may choose which lot they want, then we’ll provide them the lot for $10,” said Politis.
“There’ll be conditions around what the expectation is for that — timeframes on getting the house built, the financial wherewithal to build the home.”
Politis said more than 3,000 calls have come in from individuals and companies interested in the program. In addition to discounted land, buyers will also receive property tax relief.
The town has a settlement area of up to 1,500 eligible lots.