5108 42A Street Close

Riverside, Ponoka · MLS® A2348944

1 sq ft lot · Land · Vacant Land · 21 days on market

listed by Amanda Blake, Lime Green Realty Central

realtor's description

IMMEDIATE POSSESSION AVAILABLE ~ This spacious 0.57-acre lot is located in the desirable Riverside area of Ponoka and offers a rare opportunity to build your dream home ~ Mature trees surround the property, creating a private and peaceful setting, while the R1 zoning and westward slope provide a great opportunity to bring your plans to life ~ Enjoy the quiet, established neighbourhood while being close to the Battle River Valley, walking trails, parks, the golf course, and local schools ~ Downtown Ponoka is just a short distance away, offering shopping, restaurants, services, and community amenities ~ With immediate possession available, this is a great opportunity to bring your plans to life in one of Ponoka's established residential areas!

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
property tax: $933 / yr
days on market: 21
MLS®: A2348944

property tax

about $940 a year

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

The listing shows $933 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

$426/mo

Mortgage $348 · Tax $78

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

estimated payment

$348/ monthly

loan $63,920

25-year amortization

down payment20% · $15,98020%+ 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: $40,515
land title fees: $245; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $16,225; down + land title fees
total paid: $104,435

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