13
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$2,950,000
Est. payment /mo
1,256.22 Acres Lot
Active
Rural Address SK S0N 1E0
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Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK048455
HOA Y/N No
Lot Size 1256.220 Acres
Acres 1256.22
Property Sub-Type Agriculture
Property Description
Located between Cabri and Hazlet in the RM of Pittville No. 169, Milnice Farms is a well-packaged 1,256-acre grain farm offering excellent road access, with the majority of the land situated in a contiguous block.
The property comprises eight quarters of cultivated farmland: two with an SCIC soil classification of G, five classified as H, and one classified as J. The land is predominantly associated with the Fox Valley soil association and has a silt loam texture. Property taxes average less than $800 per quarter.
The property's scale and contiguous configuration present an attractive investment opportunity and may also appeal to established operators looking to expand. The Seller's preference is to sell the land and company together through a share sale but will consider alternative transaction structures. The property is currently farmed by a long-term tenant under a lease that expires on December 31, 2026. Accordingly, possession can be made available to a new owner for the 2027 crop year.
Farmland & Price Summary
10 parcels
1,256 title acres (ISC)
SAMA Information
1,258 total acres
1,185 cultivated acres
73 wetland/bush acres
$1,966,200 total 2025 assessed value (AV)
$250,157 average assessment per 160 acres
44.0 soil final rating (weighted average)
$2,950,000 Farmland Price
$2,348 per title acre (ISC)
$2,490 per cultivated acre (SAMA)
1.50 times the 2025 assessed value (P/AV multiple)
The property comprises eight quarters of cultivated farmland: two with an SCIC soil classification of G, five classified as H, and one classified as J. The land is predominantly associated with the Fox Valley soil association and has a silt loam texture. Property taxes average less than $800 per quarter.
The property's scale and contiguous configuration present an attractive investment opportunity and may also appeal to established operators looking to expand. The Seller's preference is to sell the land and company together through a share sale but will consider alternative transaction structures. The property is currently farmed by a long-term tenant under a lease that expires on December 31, 2026. Accordingly, possession can be made available to a new owner for the 2027 crop year.
Farmland & Price Summary
10 parcels
1,256 title acres (ISC)
SAMA Information
1,258 total acres
1,185 cultivated acres
73 wetland/bush acres
$1,966,200 total 2025 assessed value (AV)
$250,157 average assessment per 160 acres
44.0 soil final rating (weighted average)
$2,950,000 Farmland Price
$2,348 per title acre (ISC)
$2,490 per cultivated acre (SAMA)
1.50 times the 2025 assessed value (P/AV multiple)
Location
Province SK
Area Pittville Rm No. 169
Direction See Map in Property Brochure.
Interior
Fireplace No
Exterior
Topography Level
Building
Lot Description Flat
Others
Pets Allowed No
Listed byHammond Realty
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