5 River Ridge ES

River Ridge Estates_CWET, Rural Wetaskiwin County · MLS® E4481063

1 sq ft lot · Land · Vacant Land · 199 days on market

listed by Morgan Moen, RE/MAX Real Estate

realtor's description

Excellent opportunity in Wetaskiwin County. 1.31 acre lot in River Ridge Estate just south of Pigeon Lake and directly across from the Dorchester Golf course and under and hour from Edmonton.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 199
MLS®: E4481063

features

Cul-de-sac
Private setting
See remarks
Flat site
Level

property tax

about $386 a year

The asking price times County of Wetaskiwin No. 10's 2026 residential rate of 6.39 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

$263/mo

Mortgage $263

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

estimated payment

$263/ monthly

loan $48,300

25-year amortization

down payment20% · $12,07520%+ 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: $30,614
land title fees: $215; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $12,290; down + land title fees
total paid: $78,914

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