Spiritwood 702 acres Grain Farmland

These 5 parcels of farmland are located 12 km west of Spiritwood on Hwy 3 and 9 km north on secondary 696.

The grain farmland is predominantly comprised of a productive dark grey soil (Dark Grey Alluvium and Pelly associations) possessing a loam texture. The parcels are currently pasture (57%), tame hay (18%), cultivated (19%) and slough/bush (6%). 

The land is tenant occupied until November 15, 2025. 

There are few stones, and the topography of the land is level to nearly level. There is considerable opportunity to transition hay and pasture acres into grain acres. The pasture acres are contained by well-maintained fence lines and there is access to Sylvander Lake which has consistently provided good water supply for cattle during the summer months. 

There are improvements on the SW 34-12-51-12 parcel including a well-developed yard site with an 832 sq/ft bungalow residence built in 1960, a 20’ x 22’ detached garage, and a 24’ x 36’ shop, and a shallow well. 

Access
The property has good access with a year-round, heavy haul gravel road running north-south to the SE 21-51-12-W3 and SW 34-12-51-12 parcels.

Farmland & Price Summary
 5           parcels
 702      title acres (ISC)
 SAMA Information
 702      total acres
 131      cultivated acres
 128      arable hay/grass acres
 399      native pasture acres
 44         wetland/bush acres
$ 968,000          total 2025 assessed value (AV)
$ 220,627          average assessment per 160 acres
 64.3                    soil final rating (weighted average)

$1,830,000      Farmland Price
$2,606                per title acre (ISC)
$13,969              per cultivated acre (SAMA)
 1.89                    times the 2025 assessed value (P/AV multiple)

$70,000             Buildings and Improvements
$1,900,000      Total Price