Property Type: Freehold Land
Price: $1,500,000 CAD
Parcel Size: 300.5 acres
Stunning views of the mountain and Columbia River, this is special piece of land. Picture yourself living in a house with spectacular view, it is the right spot for everyone to build their dream house. Very good location where it is situated in the heart of Montrose. Spacious and broad, this property has a lot of other potential to develop for countless opportunities. Situated minutes from town of Montrose and close distance from other Kootenay towns such as Fruitvale, Trail, Castlegar; also 5 mins from Trail Regional Airport and 30 mins to West Kootenay Regional Airport. Currently zoned as RR-1, where single family houses are permitted to be build. Book a time this week to inspect property! Excellent building site facing the water views.
For your reference, below is the 2020 report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 6%.