Farmland for Sale
—Detailed Information
Name:
Mayfair 343 acres Grain Farmland
Location:
Meeting Lake Rm No.466
Original Price: $
783,000.00
Listing Price: $
783,000.00
Basic Information
Details
| No. |
RM |
Land Legal Descriptions |
Soil |
Assement |
Property Taxes |
Cultivated Acres |
Not Cultivated Acres |
Natural Grass |
Total Acres |
| 1 |
Meeting Lake RM No. 466 |
131339370 |
SE-01-47-11-3 |
|
248,700.00 |
|
145.00 |
28.00 |
0.00 |
171.83 |
| 2 |
Meeting Lake RM No. 466 |
131339381 |
SW-01-47-11-3 |
|
206,300.00 |
|
116.00 |
55.00 |
0.00 |
170.96 |
| 3 |
Total |
|
455,000.00 |
|
261.00 |
83.00 |
0.00 |
342.79 |
| No. |
1 |
2 |
3 |
| RM |
Meeting Lake RM No. 466 |
Meeting Lake RM No. 466 |
Total |
| Land Legal Descriptions |
131339370 |
131339381 |
| SE-01-47-11-3 |
SW-01-47-11-3 |
| Soil |
|
|
|
| Assement |
248,700.00 |
206,300.00 |
455,000.00 |
| Property Taxes |
|
|
|
| Cultivated Acres |
145.00 |
116.00 |
261.00 |
| Not Cultivated Acres |
28.00 |
55.00 |
83.00 |
| Natural Grass |
0.00 |
0.00 |
0.00 |
| Total Acres |
171.83 |
170.96 |
342.79 |
Listing Agent Remarks
Half section of grain farmland located northeast of Mayfair in the RM of Meeting Lake No. 466.
SAMA reports 261 cultivated acres.
The soil features a loam texture and is classified under the Mayfair soil association. The property offers excellent full-season access.
The SE 01-47-11 W3 has a tenancy in place for the 2026 growing season.
The SW 01-47-11 W3 has a tenancy in place for the 2026, 2027, and 2028 growing seasons.
The land is currently farmed by an excellent tenant who has been a strong steward of the property.
This half section presents a strong expansion opportunity for producers in the area or an investment opportunity for those seeking productive farmland with established tenancy.
Farmland & Price Summary
2 parcels
343 title acres (ISC)
SAMA Information
344 total acres
261 cultivated acres
83 wetland/bush acres
$455,000 total 2025 assessed value (AV)
$211,628 average assessment per 160 acres
46.3 soil final rating (weighted average)
$783,000 Farmland Price
$2,284 per title acre (ISC)
$3,000 per cultivated acre (SAMA)
1.72 times the 2025 assessed value (P/AV multiple)
Listing Broker:Hammond Realty
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