Jodi Gibson

Broker

Reynard Real Estate Ltd., Brokerage*

213 First Street South

Kenora, ONP9N 1C2

Office: 807-468-3747
Toll Free: 888-556-5558
Cell: 807-466-1919
Office Fax: 807-468-8977
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Jodi Gibson

Buying Or Selling

SELLING:

No one else in the Lake Of The Woods area can match the value received with the national and international market reach of the Century 21 network.

Our full co-operation policy ensures that your property is marketed to all licensed real estate agents in the area.

Our customized marketing plans offer solutions specific to your property by getting the right information to the right people.

We'll find the buyer that loves your property as much as you do.

BUYING:  Looking for your dream property?

I specialize in Lake Of The Woods and surrounding areas - it's all I do.

I will keep you up to date on what's happening and what's new in the market.

I will show you ALL the properties that meet your qualifications.


Important information to consider when buying Recreational Property:
It's difficult to evaluate all the variables that affect the values of recreational properties in our region. Our experience and expertise will help you to evaluate:

 

  • Water depths
  • Terrain
  • Water frontage and acreage
  • Elevation
  • Road and water accessibility
  • Seasonal accessibility
  • Services
  • Building development/restrictions
  • On-site buildings
  • Lifestyle requirements

 
Some frequently asked questions:

Financing
Financing is available, subject to approved credit on all recreational properties. In most cases, a 25% down payment is required. Try our Mortgage Calculator here.

Legals
Both buyers and sellers of properties should be represented by independent legal counsel, as with any real estate transaction.

Insurance
Cottage properties may be insured locally or with your existing insurer.

Taxes:
5% GST is applicable on the sale of newly created lots and on new cottages built by developers for sale. Land transfer tax is payable on all property sales. PST is payable on chattels included in the sale

Water Systems
Most cottages rely on lake drawn water or wells for service and septic systems of one kind or another for wastewater. Buyers should be aware of the regulations and be prepared to ask the right questions. For detailed information, regulations and inspections, contact the Northwestern Health Unit.

Ontario Hydro
If possible, learn the account number of the vendor prior to calling for changeover. It just simplifies matters. Be prepared with the legal description of the property.

Bell Canada
Once again, it simplifies the process if you are able to get the telephone number of the previous owner. As with Hydro, they like to have a street address and many rural properties simply don't have one. The legal property description will suffice.

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