408 Concession 1 Road Greater Napanee, Ontario K7R 3K7

$825,000

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.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. Located in a region that has a good agricultural support system with crop input suppliers and grain elevators allows you or a tenant farmer to efficiently farm the land. With the price of farmland in other parts of the province being 2x or 3x as high, this land has plenty of room to appreciate in price. 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! (id:60297)

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https://www.realtor.ca/real-estate/28360374/408-concession-1-road-greater-napanee-greater-napanee-58-greater-napanee