345 Liberty Avenue

Gasoline Alley, Rural Red Deer County · MLS® A2258224

15 sq ft lot · Land · Vacant Land · 401 days on market

listed by Kevin Lapp, eXp Realty - Sylvan Lake

realtor's description

An exceptional 14.58-acre bare land parcel on Liberty Avenue in Gasoline Alley, Red Deer County. Situated in a high-traffic, fast-growing commercial corridor, this property offers strong visibility and convenient access.With flexible C-8 zoning, the site is well positioned for a variety of future uses. Whether you’re looking to hold as a long-term investment or move forward with immediate development, this parcel provides an excellent opportunity to secure a foothold in one of Central Alberta’s most dynamic growth areas.

property details

type: Land, Vacant Land
lot: 15 sq ft
parking: 0
property tax: $28,383 / yr
days on market: 401
MLS®: A2258224

property tax

about $24,818 a year

The asking price times Red Deer County's 2026 residential rate of 7.09 per $1,000 (municipal and education).

The listing shows $28,383 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

$17,614/mo

Mortgage $15,249 · Tax $2,365

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

estimated payment

$15,249/ monthly

loan $2,800,000

25-year amortization

down payment20% · $700,00020%+ 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: $1,774,749
land title fees: $6,400; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $706,400; down + land title fees
total paid: $4,574,749

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