5311 57 Avenue

Ponoka, AB

Vacant Land
Type

0.3 ac

$204,000 below the Lucas Heights benchmark of $334,000

About This Home

Phase 4 development opportunity within an existing condominium property. This fully serviced parcel is approved for up to 4 additional units, complementing the existing 10 units completed in Phases 1 through 3. Once Phase 4 is developed, the condominium property will consist of a total of 14 units. Natural gas line runs along the south fence line. The condominium association is currently self-managed. A development permit for Phase 4 will be the responsibility of the buyer. The seller may consider partial financing for qualified, reputable purchasers. (id:67953)

Property Details

MLS® Number: A2345567
Condo Fee: $1 / Monthly
Lot: 0.3 ac
Days On Market: 58

From Above

The Neighbourhood

Living In Lucas Heights

Explore

Family streets near schools, the aquaplex and the golf course.

Benchmark home price$334,000

Average days on market47 Days

Active homes for sale9

Year-over-year change+4.4%

For Families

Schools Near This Home

Ponoka Secondary Campus
St. Augustine School

These are the schools serving Ponoka. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Schedule A Private Tour

Tour this home with a local licensed partner agent who can represent you as a buyer.

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: $569
Property Tax (Est.): $98
Heat, Power & Water (Est.): $204
Condo Fee: $1
Estimated All-In: $872/mo

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

Canadian Mortgage Estimate

Estimated payment

$660 / month

Home price$130,000

Down payment (10%)$13,000

Interest rate4.39%

Amortization25 years

Mortgage principal: $120,627
CMHC insurance (3.1%): $3,627
Total interest: $77,457
Minimum down: $6,500

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

Listing Courtesy Of

Century 21 Maximum

Andrea Warkentin

MLS® A2345567 · 58 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

$130,000

Est. $569/mo

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