825000.00
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Get Details NowDESCRIPTION
Located just 18 km northeast of the City of Prince Albert, with seven km only on gravel, this package includes one full quarter section, plus the adjacent half quarter, for a total of 227.72
acres. Within this is an existing, well treed yardsite with power and two wells, although power is disconnected.
This farmland is productive, with 62 point final rating, Canada Land Inventory Class 2 and 3 soils and Crop Insurance F Ratings. SAMA data shows 200 potentially arable acres (including yardsite), although current tenant farms 175 acres (excluding yardsite). There are opportunities to drain to improve field efficiency and number of acres.
This is a perfect opportunity for residential development, with the farmland leased out as an investment, or to subdivide the yardsite and offer it for sale, while keeping the farmland for your own use. Farmland is leased for the 2025 season, available for 2026.
SW-18-50-25-W2
150.90 title acres (ISC)
SAMA Information
135 potentially arable acres
15 wetland/bush acres
$305,900 total 2023 assessed value (AV)
61 soil final rating (weighted average)
West ½ SE-18-50-25-W2
76.82 title acres (ISC)
SAMA Information
65 potentially arable acres
12 wetland/bush acres
$157,400 total 2023 assessed value (AV)
65 soil final rating (weighted average)
Asking Price $825,000 for both Farmland and Yardsite
$3,623 per total acre (ISC)
$4,125 per cultivated acre (SAMA), although allocation to yardsite is included within this.
Abandoned road allowance (2.97 acres) is excluded from acres, although is being farmed.
1.78 times the 2023 assessment
$825,000 Total Asking Price