Upcoming Farmland Available For Rent

 
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RENTAL AUCTION EVENT CLOSING OCT 24TH (Active #478002)

Terms & Conditions
This Auction Uses Proxy Bidding.
Active

Rental Auction 2 Quarters RM 214

Melville SK

Current Price $50.00 ( ) Reserve Price Not Met
Your Maximum Bid Is $0.00
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Minimum Bid $50.00
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Remaining Time 23 Days, 3 Hours
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Details
  • Major Use Grain Land
  • RM Name RM of Cana
  • RM Number 214
  • Lease Type Cash Rent
  • Lease Start Date Friday, January 1, 2027
  • Total Land Area in Acre 250
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Melville SK
  • Directions see marks on google map
  • Map URL https://www.google.com/maps/d/embed?mid=1PPB_iDdqZEqQCyLZy17151cm36V8Dp0&ehbc=2E312F
  • Tags farmland for rent, grain land for rent, RM of Cana

  • Lot # 04
  • System ID # 547068
  • End Date
  • Start Date
Description

2 quarters of farm land for rent, in RM of Cana No. 214

 lots of bush on these 2 quarters has been cleared and native grass on SE 24-22-04 W2 has been broken up and converted to grain land. 250 is the number of acres that is currently seeable.  

It is the sole responsibility of each bidder to conduct their own due diligence, inspections, and investigations to verify acreage, cultivated acres.

Parcel Info

RM No Legal
Description
Assessment Soil
class
Cultivated
acres
Native
grass
Waste
acres
Total
acres
214 NW 24-22-04 W2 $233,500 J 140 0 18 158.22
214 SE 24-22-04 W2 $162,300 G 110 40 9 158.98
  Total $395,800   250 40 27 317.20
  Average per 160 acres $199,647   126 20 14  

 

Lease Terms:

1. Bid is the rental rate per acre per year. Annual rent = winning bid × 250 acres, regardless of the number of acres that can be seeded. It is the bidder's responsibility to determine how many acres can be seeded and are suitable for grain production.

2. The lease starts on Jan 1st, 2027.

3. 3 to 5 year term, at the successful or selected bidder's choice.

4. Two payments per year: 50% plus GST due on April 1 , balance plus GST due on Oct 1st.

5. The winning bidder will not necessarily be selected as tenant. Selection is subject to review and approval of the bidder's Renter Profile.

 

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