408 Concession 1 RD new

Greater Napanee,ON K7R 3K7

$ 1000000

0 Bed

0 Bath

- SqFt


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

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