Property Type: Freehold Land
Parcel Size: 160 acres
Price: $528,000 CAD
One of the very few remaining 160 acre piece that is available in Kamloops. This acreage is located 40 mins East from downtown of Kamloops. While enjoying a tranquil and exquisite country lifestyle, you can build your own dream house, start a hobby farm and practise hunting. The land has evaluated $20,000 worth of timber and is ready to harvest. Services on the property can be easily installed.
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%.