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Rural Cypress County · Agriculture · under $1,200,000. Alerts only send when there are new or meaningfully updated matching homes.
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Excellent 92.66-acre dryland farm parcel located just 3 km south of Medicine Hat on Township Road 120. This well-positioned property offers direct paved access connecting Highway 3 and Highway 1, providing convenient transportation links for agricultural operations. Currently used for dryland farming, the land was previously under irrigation via SMRID (no water rights transfer with the sale). The property sits in close proximity to multiple agricultural service businesses, making it highly functional for ongoing farming activities. Zoned Highway Commercial, this parcel presents outstanding land banking opportunity with strong potential for future value appreciation due to its strategic location and development potential while remaining ideal for continued agricultural use.Perfect holding property for producers or investors seeking exposure to the Medicine Hat area with excellent access and long-term upside. Property photo outline shows approximate boundaries. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.