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RENTAL AUCTION EVENT CLOSING OCT 12TH (Closed #413179)

This Auction Uses Proxy Bidding.
Ended

Rental Auction 3 Q Grain Land RM 367

Wadena, SK

  • Sold Winning Bid: $111.50
  • 30 Bid(s) Reserve Price Met View Bid History
  • High Bidder: Triplepoypes
Details
  • Major Use Grain Land
  • RM Name RM of Ponass Lake
  • RM Number 367
  • Legal Descriptions SW 10-37-13 W2, NE 11-37-13 W2, NW 11-37-13 W2
  • Lease Type Cash Rent
  • Property Taxes 0
  • Desired Length of Lease 5
  • Lease Start Date Wednesday, January 1, 2025
  • Total Land Area in Acre 473
  • Bins Included non
  • Outbuildings Included none
  • Nearest Town Wadena SK
  • Directions see marks on google map
  • Map URL https://www.google.com/maps/d/u/0/embed?mid=1wdfkxoxUo8awymspyzrFGgeSZUh_C70&ehbc=2E312F
  • Tags farm land for rent, farmland for rent, grain land for rent, crop land for rent, rm of Ponass Lake, RM no 367

  • Lot # 02
  • System ID # 413877
  • End Date
  • Start Date
Description

For Rent 3 Quarters RM of Ponass Lake No 367. 2024 crops are canola.

Large drone photos:

https://drive.google.com/drive/folders/1qXovruYM3VE-yp-TOgYggl6M8jZ9AXFj?usp=sharing

Lease Terms:
1, Bid is the rental per acre per year. Annual rent will be winning bid times 420 acres (not actual seedable acres). It is bidder's responsivity to find out how many acres that are suitable for production before they bid.
2,  Lease will start  from Jan 1st of 2025 .
3, 3 to 5 year lease, selected bidder's choice.
4, Two Payments per year. 50% on March 1st, and balance Oct 10th.
5, Winning bidder will not necessarily be accepted as tenant, Subject to review & approval of Winning Bidder's Renter Profile. Bidder selection process will follow the close of the auction.
6, Cultivated acre is as per SAMA sheets. It is bidder's responsibility to  find out the number of acres that are suitable for production.
 

Parcel Info:

Legal Desc Assessment Soil Class Cultivated Acres Waste Acres Total Acres
SW 10-37-13 W2 $270,200 G 135 19 153.89
NE 11-37-13 W2 $271,500 J 142 17 158.62
NW 11-37-13 W2 $256,800 G 143 19 160.02
Total $798,500 0 420 55 472.53

Auction Terms and Conditions:
-- WARNING - PLEASE READ THIS CAREFULLY BEFORE BIDDING!
-- See individual lot for exact bidding starting and closing times.
-- Extended Bidding is effective. Check event details for Auto Extend Increment.
-- You cannot change or remove bids once you submit them. Bidders should review the lot description as well as their bid amounts. However, higher bidders can change their Maximum Bid down to the current price of their lot. 

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