Charming Residential Farm with 6% Cap Rate â A Rare Opportunity in Canadaâs Premier Cherry-Growing Climate Nestled in one of Canadaâs 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 20â25), and features ground-level cold storageâperfect for produce management. Inside, the scent of fresh apples fills the air, adding to the homeâs 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 helpâideal whether the support is family or hired staff. (id:27476)
