SK976915 | RM of Caledonia & Elmsthorpe | 640 Acres | Farmland Sold

Here is an excellent opportunity to acquire four quarter sections of productive farmland situated in a block in the RM's of Caledonia and Elmsthorpe, there is a total of 640 acres with 564 acres listed as cultivated according to SAMA records, although this appears to be conservative. The soil classes are H, J, and M, with a clay loam composition, the SAMA assessments are $188,500, $247,500, $198,000, and $134,000. A lease agreement is in effect until November 2025 which yields a base rent of $36,600 or $65 per cultivated acre annually. This property would be an excellent investment or addition to an existing agricultural operation. Conveniently located eight miles east of the Town of Avonlea on Hwy #334 and one mile south.