Property Type: Freehold Land
Price: $1,100,000 CAD
Parcel Size: 295 acres
Services: No installed septic and well
A rare offering of house and acreage. This property is just few mins away from the town of Midway. Suitable for people who dreams of doing a hobby farm, horse farm or a small ranch. It has been taken care by a very nice tenant over the years. House is in good condition and very suitable for recreation. Property is good for someone to raise some animals and horses. Absolutely quiet and full of scenic view up the mountain, this property is a rare gem. With close to 300 acres, there are endless imaginations to develop.
For your reference, below is the 2019 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%.