A new age beckons in Cochrane, a Town in Ontario, as house Ownership is set to made easier with a new scheme that makes it possible to own a house for 10 dollars.
The local government is hoping that the new scheme — which comes in the form of discounted lots and a property tax rebate — will draw more developers and residents nonetheless, along with making home ownership more attainable during these economic times. Sure, there are still some places in Ontario where you can purchase a home for fairly cheap compared to the GTA, but one town takes the cake for the lowest real estate prices by far thanks to a new initiative.
Cochrane may be nearly halfway to the Manitoba border from Toronto, but local government is planning to offer chunks of land for as low as an unbelievable $10, which will surely inspire more people to consider the 7.5-hour move. Known for having the world’s only sanctuary just for polar bears, the small town of just over 5,000 is definitely isolated from the bustle of Southern Ontario.