$1,000,000
408 Concession 1 RD Greater Napanee, ON K7R 3K7
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$1,000,000
Est. payment /mo
50 Acres Lot
New
408 Concession 1 RD Greater Napanee, ON K7R 3K7
UPDATED:
11/06/2024 10:03 PM
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10411381
Style Other
Annual Tax Amount $874
Tax Year 2024
Lot Size 50.000 Acres
Property Description
Great land/building lot opportunity! 89.76 acres of productive farmland located minutes from Lake Ontario, between Belleville & Kingston, just 15 minutes South of the town of Napanee. With frontage on both Concession rd 1 and the Loyalist Parkway this property offers great access and a great spot to build a home. It offers a total of 70.1 workable acres that have been systematically tile drained at 20'-40' centres. The land is mostly made up of productive Otonabee loam. The cultivated acres are leased to a local farmer at a competitive rate, with 5 more years remaining on the lease. There are also approximately 9 acres of bush at the back of the property, great for the outdoor enthusiast and hunter. 4 additional parcels in close proximity are available as well, combined with this listing this would make a total package of 787 acres. This parcel would make for a great investment with good rental income, a great hedge against inflation, and a great spot to build family dreams!
Location
Province ON
County Lennox & Addington
Area Greater Napanee
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features None
Fireplace No
Heat Source Other
Exterior
Garage None
Pool None
Waterfront No
Waterfront Description Indirect
Listed by RE/MAX CENTRE CITY REALTY INC.
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