North Fraser Lake
Property Type: Freehold Land
Parcel Size: 92 acres
Price: $ 260,000 CAD
Self contained in the natural environment of Deserter Lake and Fraser Lake. Lake view is within 15 minutes drive. A hidden gem in the area with a parcel size of 90 acres. The parcel is not in the ALR which mean the prospective buyer can rezoning and subdivide the land into lots easier. Owner can develop the land into hay field, hobby farm or any types of single family house.
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%.