4520 49 Street

Redwater · MLS® 43688719

240,016 sq ft · 240,016 sq ft lot · Land · Vacant Land · 307 days on market

listed by Terry Jin, MaxWell Polaris

realtor's description

INVESTMENT ALERT!!!5.51 ACRES ON COMMERCIAL ZONE INSIDE TOWN. GREAT OPPORTUNITY IN BOOMING TOWN FOR FUTURE PROJECTS. SELLER IS MOTIVATED.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: No ServicesTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: TERRY JINAppointment Phone: 780-619-8181

property details

type: Land, Vacant Land
living area: 240,016 sq ft
lot: 240,016 sq ft
parking: 0
days on market: 307
MLS®: 43688719

property tax

about $3,699 a year

The asking price times Redwater's 2026 residential rate of 12.33 per $1,000 (municipal and education).

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

$1,307/mo

Mortgage $1,307

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,307/ monthly

loan $240,000

25-year amortization

down payment20% · $60,00020%+ 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: $152,121
land title fees: $640; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $60,640; down + land title fees
total paid: $392,121

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