Charming Residential Farm with 6% Cap Rate – A Rare Opportunity in Canada’s Premier Cherry-Growing Climate Nestled in one of Canada’s most unique and fertile microclimates, this established residential farm offers an exceptional agricultural investment with a solid 6% cap rate. Renowned as one of the best regions in the country for cherry cultivation, this property also showcases a vibrant harmony between nature and farming excellence. The orchard boasts an impressive variety of cherry cultivars including Bing, Lambert, Varr, Rainier, Sunkist, and America Chelan, offering diversification and a robust market edge. In addition to cherries, the farm also grows multiple varieties of apples, as well as peaches and apricots, ensuring a diverse productivity and potential. Lovingly managed by a dedicated family for years, this property reflects true pride of ownership and a deep connection to the land. The practical and comfortable home was professionally painted in March (March 20–25), and features ground-level cold storage—perfect for produce management. Inside, the scent of fresh apples fills the air, adding to the home’s warm and inviting atmosphere. The new owner will also benefit from development rights that allow the construction of a 968 sq ft dwelling for farm help—ideal whether the support is family or hired staff. (id:61953)
Property Type
AgricultureSquare Footage
2279 sqftLand Size
17.55Annual Property Taxes
$ 1Time on REALTOR.ca
1 weekBuilding Type
OtherCommunity Name
EricksonTitle
FreeholdStories
2Parking Type
See RemarksAbove Grade
3Total
2Appliances Included
Washer, Refrigerator, Dryer, Microwave, See remarksFlooring
Concrete, Carpeted, Ceramic Tile, VinylBasement Type
FullFeatures
Private setting, One BalconyStyle
DetachedSquare Footage
2279 sqftCooling
Wall unitFire Places
1Heating
Stove, Forced air, Wood, OtherExterior Finish
Vinyl sidingParking Type
See RemarksSecond level | Primary Bedroom | 11'11'' x 11'9'' |
Living room | 19'5'' x 15'3'' | |
Kitchen | 19'6'' x 14'1'' | |
Bedroom | 9'8'' x 11'2'' | |
Bedroom | 9'6'' x 11'2'' | |
4pc Bathroom | 7'1'' x 7'10'' | |
Main level | Storage | 19'4'' x 14'3'' |
Other | 19'3'' x 14'3'' | |
Recreation room | 19'3'' x 18'7'' | |
Laundry room | 19'2'' x 10'6'' | |
3pc Bathroom | 4'7'' x 5'11'' |