MLS®# SK841987

West Half section 12 RM 99

$499,000.00 CAD
Caledonia Rm No. 99
MLS®# SK841987
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Location


Key Details

$499,000.00
Grain
Caledonia Rm No. 99

Description

Are you looking for HEAVY CLAY SOIL land? This land has 303 cultivated acres on 320 acres, all of the cultivated acres are Heavy Clay soil. Prime grain land, flat, stone free and open field, seller states 300 cultivated acres on 320 acres, cultivated rate 93.7%. Do not be misled by this land's soil class, it produces lots better than the SCIC soil class reflects. Even in dry years like 2020, it still yielded about 50-60 bush of wheat on average. Total assessment $302,100, average $151,050 / quarter. Asking 1.65 times of 2017 assessment, asking $1,663 / cultivated acre (as per owner), asking $1,727 / cultivated acre (as per SAMA). Land is open for farmers to buy and seed it in this spring. A good opportunity for investors to buy and get rent on closing. The area rent for land like this is $55 to $65 (2021 rental rate), A couple of local farms are ready to rent this land at the area rental rate for a long term lease.

Listing courtesy of Royal Lepage Landmart


More Info

City: Caledonia Rm No. 99
Type: Grain
Bush: None
Distance High School: 8
Distance Town: 8
Drinking Water: No
Land Size: 320.00

School Bus: Yes
Sloughs: None
Topography: Flat
Total Acres: 320.0000
Sub Area: Milestone
Listed By: Royal Lepage Landmart