200 Canal Street

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$145,000

200 Canal Street

Meridian Beach, Rural Ponoka County · MLS® A2300187

0 sq ft lot · Land · Vacant Land · 197 days on market

listed by Pamela Brauer, KIC Realty

realtor's description

Build Your Dream Home in Meridian Beach at Gull Lake! This exceptional 66’ x 232’ walkout lot is one of the largest remaining parcels in this highly sought-after lakeside community, located just steps from the canal. With architectural guidelines allowing for a footprint of up to 4,000 sq. ft., this property offers endless possibilities to design and build your perfect home. Meridian Beach is a unique, upscale community known for its strong architectural controls and emphasis on preserving its timeless cottage charm. Residents enjoy an incredible array of amenities including private sandy beaches, walking trails, tennis and basketball courts, pickleball courts, a community hall, playground, and beautifully designed footbridges and many community events year round. Gull Lake, one of Central Alberta’s largest lakes, is perfect for boating, water sports, and fishing. Enjoy community events and nearby amenities, including the Canal Street Eatery and local conveniences. Ideally located within easy driving distance to Edmonton, Red Deer, and Calgary, this is your opportunity to build, relax, and become part of an exceptional lakeside community.

property details

type: Land, Vacant Land
lot: 0 sq ft
parking: 0
property tax: $808 / yr
days on market: 197
MLS®: A2300187

features

Parking

property tax

about $713 a year

The asking price times Ponoka County's 2026 residential rate of 4.92 per $1,000 (municipal and education).

The listing shows $808 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$699/mo

Mortgage $632 · Tax $67

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$632/ monthly

loan $116,000

25-year amortization

down payment20% · $29,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $73,525
land title fees: $365; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $29,365; down + land title fees
total paid: $189,525

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.