Buying a Land - Northern ON
Hi everyone,
I’m thinking of buying a big piece of land in Northern Ontario. I’m okay taking the risk and not too worried about returns right now.
What I want to understand is the practical side. I’ve never owned land like this before. It’s mostly rural, just trees along a highway. I’m planning to buy it and leave it for a few years, so I don’t want something that needs regular work or upkeep. I know for a fact there are no access issues.
Is there anything I should watch out for before buying?
Are there any ongoing responsibilities like cutting trees/grass, property taxes, or anything else that could turn into work or cost?
Has anyone here owned something similar?
Thanks in advance.