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Hart Butte Rm No. 11 · Agriculture · under $650,000. Alerts only send when there are new or meaningfully updated matching homes.
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Half section of farmland (SE 6-1-27 W2 & SW 5-1-27 W2) located near Coronach, SK within the RM of Hart Butte #11. The property consists of 317.75 titled acres, including 309 SAMA cultivated acres, with "J" SCIC soil classification. The 2025 assessed value is $378,700. The land is accessible via a gravel road to the north. Currently available for the 2026 crop season. It is well suited for an owner-operator or as an investment opportunity. For investors, the current owner would consider a sale with a leaseback option for a three-year term, offering an approximate 4% return. Priced at $1,822.19/Titled Acre; $1,879.79/SAMA Cultivated Acre; 1.62 x Assessed Value. (id:65958)
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Comparable sales
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Property condition
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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
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.85%
Cap rate
3.49%
GRM
16.6
Break-even rent
$3,596
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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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 May 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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