Property Description

80 acres located within Saskatoon city limits in the Holmwood Sector Plan, designated as Neighbourhood 4. Positioned approximately 3 km east of McOrmond Drive along 8th Street East, this parcel represents one of the final large tracts within city boundaries before the RM of Corman Park. Currently zoned FUD and leased for agricultural use on a year-to-year basis. Annual property taxes are approximately $1,512 with existing lease income of approximately $4,500, providing positive holding carry. Offered at $43,750 per acre, consistent with current urban holding land values in the sector. First time offered in over 40 years. Strategic land banking opportunity within a planned urban growth corridor supported by the City of Saskatoon’s Sector Plan. Ideal for patient investors, developers, or capital preservation strategies seeking long-term appreciation within city limits. (id:7434)