4608 38A Ave Close

1 / 11

$695,000

4608 38A Ave Close

Riverside, Ponoka · MLS® A2348591

3 sq ft lot · Land · Vacant Land · 27 days on market

listed by Tasha Cordel, RE/MAX real estate central alberta

realtor's description

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!!

property details

type: Land, Vacant Land
lot: 3 sq ft
parking: 0
property tax: $2,162 / yr
days on market: 27
MLS®: A2348591

monthly cost

$3,208/mo

Mortgage $3,028 · Tax $180

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

estimated payment

$3,028/ monthly

loan $556,000

25-year amortization

down payment20% · $139,00020%+ 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: $352,415
land title fees: $1,355; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $140,355; down + land title fees
total paid: $908,415

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

location

Riverside, PonokaGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

similar homes nearby

4608 38A Ave Close

1 / 11

$695,000

4608 38A Ave Close

Riverside, Ponoka · MLS® A2348591

3 sq ft lot · Land · Vacant Land · 27 days on market

listed by Tasha Cordel, RE/MAX real estate central alberta

realtor's description

property details

type: Land, Vacant Land
lot: 3 sq ft
parking: 0
property tax: $2,162 / yr
days on market: 27
MLS®: A2348591

property tax

about $8,180 a year

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

The listing shows $2,162 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

$3,208/mo

Mortgage $3,028 · Tax $180

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

estimated payment

$3,028/ monthly

loan $556,000

25-year amortization

total interest: $352,415
land title fees: $1,355; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $140,355; down + land title fees
total paid: $908,415

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