QE2 and 604 Highway

Lacombe County, AB

Vacant Land
Type

151.8 ac

$3,258,000 above the Lacombe County Area benchmark of $642,000

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About This Home

This 151.8 acre property, located in Lacombe County, Alberta, is currently used as grazing land. It is in a prime position at the southwest corner of Highway 2 and Highway 604 diamond-style overpass. The land offers exceptional highway visibility and appeal, making it ideal for highway development. The current owner would consider subdividing the land for highway development.Adjacent to the renowned Wolf Creek Golf Resort and nearby high-end communities such as Wolf Creek Estates and the Village of Wolf Creek, the property is perfectly positioned for future growth. With excellent access and visibility from Highway 2, the land benefits from an estimated 32,000 vehicles passing daily, providing immense potential for a wide range of highway-oriented businesses. (id:67953)

Property Details

MLS® Number: A2165422
Lot: 151.8 ac
Days On Market: 793

From Above

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Showing requests are sent to a Corridor partner agent for this area, who may not be the listing agent. Corridor Real Estate is not a brokerage.

True Monthly Cost

What this home really costs each month, not just the mortgage. Good news: Alberta has no land transfer tax.

Mortgage Payment: $17,078
Property Tax (Est.): $2,925
Heat, Power & Water (Est.): $204
Estimated All-In: $20,207/mo

Based on 20% down over 25 years. Your lender can give you exact numbers.

Canadian Mortgage Estimate

Estimated payment

$19,213 / month

Home price$3,900,000

Down payment (10%)$390,000

Interest rate4.39%

Amortization25 years

Minimum down payment for this price is $780,000.

Mortgage principal: $3,510,000
CMHC insurance (0.0%): $0
Total interest: $2,253,851
Minimum down: $780,000

Semi-annual compounding, per Canadian convention. Estimates only — confirm with a licensed mortgage professional.

Listing Courtesy Of

Marcel Leblanc Real Estate Inc.

Steve Leblanc

MLS® A2165422 · 793 Days On Market

Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$3,900,000

Est. $17,078/mo

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