cheap cottage in remote area for storage purposes

[danhass]

hi guys this might be a silly idea but here it goes:

i'm living in US for many years and have accumulated quite a bit of everyday stuff. (once i get canada PR) i feel it easier to take all of it to canada instead of selling it or shipping it back to my home country half way around the globe ... but i'll have to keep leaving canada for many months every year so a rented house/apartment is not an option ...

what do you guys think if i "buy" a cheap cottage somewhat far from toronto or some big city and use it as a storage place ... by cheap i mean around the POF mark (or a little more than that) ... i have the following concerns:

- whether i'd really find a place that cheap
- how much property tax i'd have to pay (i hope it would be negligible if it's a remote area)
- how much risk of my stuff getting stolen (though there's nothing valuable in it)


any comments (especially from seniors appreciated) ?

any better option of having my stuff stored? i know there's rental storage boxes so that's another option

 

[steaky]

By keeping a home or leaving personal belongings in Canada, you can become a resident for tax purposes. For property taxes and home prices, you can check www.mls.ca. Alternatively, you can rent mini storage across Canada to store your personal items.

hi guys this might be a silly idea but here it goes:

i'm living in US for many years and have accumulated quite a bit of everyday stuff. (once i get canada PR) i feel it easier to take all of it to canada instead of selling it or shipping it back to my home country half way around the globe ... but i'll have to keep leaving canada for many months every year so a rented house/apartment is not an option ...

what do you guys think if i "buy" a cheap cottage somewhat far from toronto or some big city and use it as a storage place ... by cheap i mean around the POF mark (or a little more than that) ... i have the following concerns:

- whether i'd really find a place that cheap
- how much property tax i'd have to pay (i hope it would be negligible if it's a remote area)
- how much risk of my stuff getting stolen (though there's nothing valuable in it)


any comments (especially from seniors appreciated) ?

any better option of having my stuff stored? i know there's rental storage boxes so that's another option

 

[scylla]

Do you mean $20 or $30K? I don't think you can even find land that cheap. Maybe in a really really remote part of Ontario (remote = more than six our drive from Toronto).

Have you tried mls.ca to see what you can find?

 

[scylla]

Here's an example of one for $20K. It's in Deep River (about six hours from Toronto). It's a trailer rather than a house.

http://www.realtor.ca/propertyDetails.aspx?propertyId=10517585&PidKey=-1611404163

Taxes aren't listed on this specific mls listing (they usually are).

Note that lawyer costs, transfer tax, etc. will add a couple of thousand to the purchase price.

 

[danhass]

thanks for the advice guys

it seems like renting a small storage box would be a better idea ... any recommendations about the company?

 

[scylla]

There are several different companies. I would suggest that you wait until you're here and they pick one that's close by. The price you pay per month will depend on how large a locker you rent, if you want one that's heated, etc.

Here are a few links:

http://www.applestorage.com/

http://www.canada-storage.com/

 

[danhass]

There are several different companies. I would suggest that you wait until you're here and they pick one that's close by. The price you pay per month will depend on how large a locker you rent, if you want one that's heated, etc.

Here are a few links:

http://www.applestorage.com/

http://www.canada-storage.com/

thanks @scylla ... of course I'm gonna wait for getting my PR first ...

appreciate your comments folks ...