4608 38A Ave Close

Ponoka, AB

Vacant Land
Type

2.59 ac

$377,000 above the Riverside benchmark of $318,000

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About This Home

PRIME DEVELOPMENT OPPORTUNITY! A unique and ONE OF A KIND parcel in the Town of Ponoka offering exciting potential for a multi-level development designed to maximize density and value per door. The generous site includes a complete chain-link fence, so your future development is already protected and provides opportunities to incorporate parking, green space and natural areas, all complemented by beautiful views across the river valley. Portions of the property are located within the floodplain and any proposed development is subject to applicable municipal bylaws, development requirements and approvals. An exceptional opportunity for a developer to explore the possibilities of this distinctive Ponoka property and create something truly amazing!! (id:67953)

Property Details

MLS® Number: A2348591
Lot: 2.59 ac
Days On Market: 45

From Above

The Neighbourhood

Living In Riverside

Explore

Quiet streets near the Battle River valley trails.

Benchmark home price$318,000

Average days on market52 Days

Active homes for sale10

Year-over-year change+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.

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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: $3,043
Property Tax (Est.): $521
Heat, Power & Water (Est.): $204
Estimated All-In: $3,768/mo

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

Canadian Mortgage Estimate

Estimated payment

$3,530 / month

Home price$695,000

Down payment (10%)$69,500

Interest rate4.39%

Amortization25 years

Mortgage principal: $644,891
CMHC insurance (3.1%): $19,391
Total interest: $414,099
Minimum down: $44,500

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

Listing Courtesy Of

RE/MAX real estate central alberta

Tasha Cordel

MLS® A2348591 · 45 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

$695,000

Est. $3,043/mo

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