Updates

$225,000 is starting price / minimum opening offer for the following land located approximately 7 miles northeast of Maidstone, SK in the RM of Eldon for sale by Progressive Tender® with all initial offers opened Noon MST, Tuesday March 10, 2026.

 NW 3-49-22-W3 Extension 1: ISC 157.3 titled acres. 

· Saskatchewan Assessment Management Agency (SAMA) property profile designates 66 cultivated acres, with the balance pasture. Soil Final Rating is 45, primarily Whitesand sandy loam.

· 2025 SAMA assessment is $164,500. Current property taxes are $283.52.

· Access is from paved Range Rd 3223 on the west boundary.

· Vendor reports surface lease revenue of $4,765 from two Cenovus lease sites.

The number of productive acres for each parcel may change from year to year due to regional climatic conditions, agronomic practice, or energy company activity. 

https://www.google.com/maps/place/53%C2%B012'06.0%22N+109%C2%B008'39.2%22W/@53.201678,-109.14421,10z/data=!4m4!3m3!8m2!3d53.201678!4d-109.14421?entry=ttu&g_ep=EgoyMDI2MDExMy4wIKXMDSoASAFQAw%3D%3D

Initial offers must be submitted by Noon MST, Tuesday March 10, 2026. For additional details or inquiries, contact Grant or Vern McClelland, RE/MAX of Lloydminster, (780) 808-2700 or email grant.m@progressivetender.com 

Progressive Tender Steps:

Step 1: Submit Offer Document

· Download the Offer Document from the www.bonnarland.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.

· Fill out the required details. Buyers must be GST registrants and provide a GST number at completion.

• Obtain a bank draft or certified cheque for $10,000.00 made payable to "RE/MAX of Lloydminster in Trust." 
• Place both items in a sealed envelope and label it “Bonnar Tender."
• Deliver the envelope to RE/MAX of Lloydminster at 5726 –44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday March 10, 2026. 

Step 2: Round Table Activity

· After the initial offers are opened, the Broker will contact each Participant and inform them of the amount of the highest offer. Participants will have until noon the following business day to submit a revised offer by phone, email, or text if they wish. Business days are defined as Monday through Saturday.

Step 3: Final Offer

• This "round table" process continues for each parcel daily until every Participant declares their Final Offer.
• If a Participant doesn’t respond within the time limit or increase their offer by a minimum amount of 2% over the previous round's highest offer, their last offer will automatically be declared as their Final Offer. 
• Matching offers during progression rounds are discouraged.

Step 4: Confidentiality 

• All Participants names are kept confidential and only revealed to the Seller with the offer history when the progression rounds conclude. Participant names and offer history are the sole possession of the Seller.

Step 5: Finalizing Purchase

• The Seller reserves the right to reject any or all offers, engage in further negotiations on price or terms, and may award the sale of the subject property to the buyer of their choice.
• The successful Participant must complete a Purchase Contract with the Broker within two business days of acceptance; a draft of which is available on the website.
• Deposit is to be increased to 5% of sale price upon removal of conditions.
• Proposed completion date is April 15, 2026 unless otherwise agreed.

Step 6: Diligence Activity, Legal and Accounting Costs

• Property is sold “as is”. Participants are encouraged to conduct their own diligence including appraisal for value, survey, or other reports.
• Each party is responsible for their own legal and accounting costs. There is no buyer transaction fee.

Step 7: Notification

• All Participants will be notified about the outcome once the Purchase Contract is completed between the successful Buyer and Seller. Deposits from unsuccessful Participants will be returned by registered mail in a timely manner.
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Progressive Tender®, Agricultural and Commercial Specialists with RE/MAX of Lloydminster offers a full range of advisory services including land valuation, leasing, and real estate marketing to clients across Alberta and Saskatchewan.

Call us today and start the conversation!

Grant McClelland – Direct (780) 871-4221 Email: grant.m@progressivetender.com

Vern McClelland - Direct (306) 821-0611 Email: vern.m@progressivetender.com