Double Up

Sold on August 23, 2022
from 3:00 PM to 3:00 PM UTC

Location
Saskatoon, SK
Sale Size
2 Parcels
Final
$235K - $395K

Two Parcels located just 25 miles northeast of Saskatoon, SK. Parcel 1 is a wide open quarter with cultivated acres, a yard site and a good slope to the southwest. Parcel 2 has great access from the north side of the quarter and has more than 120 cultivated acres with opportunity for more.

Available Parcels

Map of Double Up
Parcel Name Parcel 1Parcel Size 160 ± AcresFinal $395,000View Details & Offer
Parcel Name Parcel 2Parcel Size 158 ± AcresFinal $235,000View Details & Offer

Sale Description

Click here for directions to Parcel 1 and Parcel 2.

Click the following links to view the specific details in the Offers to Purchase for Parcel 1 and Parcel 2.

The timing is impeccable to play the double northeast of the City of Saskatoon, Saskatchewan.  As the locals know, Saskatoon Shine is part of a super elite area recognized for its agricultural profitability in one of Saskatchewan's largest trade areas.  Whether the ground is cloaked with snowy white or graced with summer crops, farmers know that this vibrant area continues to produce year after year.  Local growers benefit substantially in the Fall when the high-yielding crops hit the elevator. 

'Double Up At Saskatoon' is comprised of two-quarter sections of land located 40 minutes northeast of the city of Saskatoon, just off Highway 5.  Whether an investor from the city wants a hard asset that pays every year and offers solid appreciation, or a local farmer is looking at this land base as the bridge to more acres to grow and create extra cash in the Fall, ‘Double Up At Saskatoon’ is the smart play. 

PARCEL 1 is that quintessential parcel that farmers are looking for: great drainage and southwestern exposure providing early access in the Spring.  Early access offers the opportunity to seed the land in a timely manner and grab the always important Spring moisture.  With a high-grade county road on the west side of the Parcel, full grain trucks coming off the field in the Fall will not have any problems exiting the quarter.  If the current owner’s track record is any indication, full grain trucks are an expectation every Fall.  Parcel 1 offers 140 acres under cultivation, an established yard site on the northwest corner with power, a firm driveway, and a nice spot to start the kids off right, or build a bin yard with power already in place.  The existing cabin, grain bins, and equipment are not being sold with this parcel. 

PARCEL 2 is located less than 25 miles east of the intersection of Highways 41 and 5.  Follow Merdian Road north off Highway 5 for approximately 8 miles, then head half of a mile east, and find access to the Parcel on the northern and the eastern boundaries.  There are currently 120 cultivated acres, with an opportunity for the new owner to add more viable acres.  With all of the technological advances in farming, the potential for this quarter is evident.  With a starting bid under $1,400 per acre, the lift on investment is apparent. 

In an ever-changing world, farmland continues to be one of the safe, hard assets that pays dividends with a buy and hold strategy.  If one is planning on making a move to buy, investing in a large economic corridor, like the Saskatoon area makes perfect sense; securing a low interest rate and getting in on record commodity prices leads to profits in the Fall that farmers are banking on.  'Double Up At Saskatoon' is the double worth getting prepared for; some local owners are procuring current rent in the area for over $100 per acre! 

'Double Up At Saskatoon’ is being offered for sale via online electronic tender by CLHbid.com.  Please check the website for updates from time to time. 

Viewing of Property: The property may be viewed by interested registered bidders.  Please contact us by email at info@clhbid.com for an appointment.


Double Up is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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