4027 40 Street Close

Riverside, Ponoka · MLS® A2354397

8,826 sq ft lot · Land · Vacant Land · 1 day on market

listed by Jane Wierzba, RE/MAX real estate central alberta

realtor's description

Exceptional opportunity to own a spacious 8,826 sq. ft. lot in a desirable newer subdivision in Riverside.This property offers walkout potential and enjoys beautiful westward views of the town. It backs onto green space for added privacy and open-air appeal. As one of only two remaining lots in this quiet cul-de-sac of new homes, it presents a rare chance to build. A prime site on which to create your dream home.

property details

type: Land, Vacant Land
lot: 8,826 sq ft
parking: 0
property tax: $923 / yr
days on market: 1
MLS®: A2354397

property tax

about $765 a year

The asking price times Ponoka's 2026 residential rate of 11.77 per $1,000 (municipal and education).

The listing shows $923 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

$360/mo

Mortgage $283 · Tax $77

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

estimated payment

$283/ monthly

loan $52,000

25-year amortization

down payment20% · $13,00020%+ 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: $32,960
land title fees: $220; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $13,220; down + land title fees
total paid: $84,960

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