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Selling Online Aug 23, 2022 - 2 Quarters - Saskatoon, Sk

$220,000

For Sale: in

Updated Jun 20, 2022
Selling Online Aug 23, 2022 - 2 Quarters - Saskatoon, SK

Listing Details

Subtype: Farm, Agricultural

Sale type: Ideal for both investors and owner-users

Lot Size: 318 Acres

Permitted uses:

  • Agricultural

Description

Double Up At Saskatoon- 2 Quarters For Sale- Saskatoon, SK Selling Online Tuesday, Aug 23, 2022 at 9:00am MDT The Price listed is the Starting Bid for Parcel 2. See Website for Starting Bids for each parcel: https://www.clhbid.com/auctions/DoubleUpAtSaskatoon The timing is impeccable to ‘play the double’ northeast of the City of Saskatoon, Saskatchewan. As the locals know, Saskatoon Shine is part of a super elite area recognized for its agricultural profitability in one of Saskatchewan's largest trade areas. Whether the ground is cloaked with snowy white or graced with summer crops, farmers know that this vibrant area continues to produce year after year. Local growers benefit substantially in the Fall when the high-yielding crops hit the elevator. 'Double Up At Saskatoon' is comprised of two-quarter sections of land located 40 minutes northeast of the city of Saskatoon, just off Highway 5. Whether an investor from the city wants a hard asset that pays every year and offers solid appreciation, or a local farmer is looking at this land base as the bridge to more acres to grow and create extra cash in the Fall, ‘Double Up At Saskatoon’ is the smart play. PARCEL 1 is that quintessential parcel that farmers are looking for: great drainage and southwestern exposure providing early access in the Spring. Early access offers the opportunity to seed the land in a timely manner and grab the always important Spring moisture. With a high-grade county road on the west side of the Parcel, full grain trucks coming off the field in the Fall will not have any problems exiting the quarter. If the current owner’s track record is any indication, full grain trucks are an expectation every Fall. Parcel 1 offers 140 acres under cultivation, an established yard site on the northwest corner with power, a firm driveway, and a nice spot to start the kids off right, or build a bin yard with power already in place. The existing cabin, grain bins, and equipment are not being sold with this parcel. PARCEL 2 is located less than 25 miles east of the intersection of Highways 41 and 5. Follow Merdian Road north off Highway 5 for approximately 8 miles, then head half of a mile east, and find access to the Parcel on the northern and the eastern boundaries. There are currently 120 cultivated acres, with an opportunity for the new owner to add more viable acres. With all of the technological advances in farming, the potential for this quarter is evident. With a starting bid under $1,400 per acre, the lift on investment is apparent. In an ever-changing world, farmland continues to be one of the safe, hard assets that pays dividends with a buy and hold strategy. If one is planning on making a move to buy, investing in a large economic corridor like the Saskatoon area makes perfect sense; securing a low interest rate and getting in on record commodity prices leads to profits in the Fall that farmers are banking on. 'Double Up At Saskatoon' is the double worth getting prepared for; some local owners are procuring current rent in the area for over $100 per acre! 'Double Up At Saskatoon’ is being offered for sale via online electronic tender by CLHbid.com. Please check the website for updates from time to time.

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Location & nearby

This listing is located in Saskatoon, SK

Saskatoon, SK, Canada

Roy Carter Clhbid.com

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