GREAT LAND INVESTMENT OPPORTUNITY JUST EAST OF OTTAWA (ORLEANS): BCA 20 128

$1,400,000

GREAT LAND INVESTMENT OPPORTUNITY JUST EAST OF OTTAWA (ORLEANS): BCA 20 128

$1,400,000
Property type: Cash Crop
Area (acres)
100
  • Total Acres: 147

Description

This 147 acre farm is approx 6.3 km from city services on Innes Rd. Approx 54 acres of this farm is zoned Rural and lie directly across Wilhaven Drive from the rural residential development Cumberland Estates. Recent sales of rural lots in the area indicate a range of $217,000 – $380,000. The remainder is zoned Agricultural. There are about 100 acres of good cropland that the Seller will systematically tile drain. This cost is included in the list price or the Buyer may purchase without tile. The cost of tile is approx $100,000. The Seller would lease the cropland back from the new owner at a price to be negotiated. Systemically tile drained land in this area sells for approx $11,000 to $14,000 per acre. The old farmstead has an old log house, barn and some sheds. They are in poor repair and no value is attributed to them.

LIST PRICE: $1,400,000 ($9,524/acre)

Contact the Agent

Allan Earle

Sales Representative, Eastern Ontario
Office
613-802-9797
Direct
613-802-9797
Fax
613-345-4773
FOR SALE
Property type: Cash Crop
Workable (acres)
100
  • Total Acres: 147

Description

This 147 acre farm is approx 6.3 km from city services on Innes Rd. Approx 54 acres of this farm is zoned Rural and lie directly across Wilhaven Drive from the rural residential development Cumberland Estates. Recent sales of rural lots in the area indicate a range of $217,000 – $380,000. The remainder is zoned Agricultural. There are about 100 acres of good cropland that the Seller will systematically tile drain. This cost is included in the list price or the Buyer may purchase without tile. The cost of tile is approx $100,000. The Seller would lease the cropland back from the new owner at a price to be negotiated. Systemically tile drained land in this area sells for approx $11,000 to $14,000 per acre. The old farmstead has an old log house, barn and some sheds. They are in poor repair and no value is attributed to them.

LIST PRICE: $1,400,000 ($9,524/acre)

Contact the Agent

Allan Earle

Sales Representative, Eastern Ontario
Office
613-802-9797
Direct
613-802-9797
Fax
613-345-4773




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