Thanks for the help folks!
To buy an axle from the states at $130USD will cost me a bazillion dollars canadian!

On the other hand, I should be able to source one up here. I just am trying to keep costs at bay to get her on the road this spring.
I am also considering the repair bearing and was just wondering if anyone has tried one and if it works. With the shape of my axle, I would be concerned over if the damage also extends into the new bearing path. Also, SKF's R1559TV is a single seal and still gets lube from the rear end where as the Timkin comparable bearing has a double seal. I am thinking one seal is better then 2 as the inner seal would ride on the damaged part of the axle and not last long anyways. I am also thinking on this route as if it doesnt work out the worse case is pull the axle and replace it.
Thanks for the help as always!