53 McKenzie Drive

Gasoline Alley, Rural Red Deer County · MLS® A2320492

4 sq ft lot · Land · Vacant Land · 135 days on market

listed by Stephan Trudel, Royal LePage Network Realty Corp.

realtor's description

Located west of Gasoline Alley in Red Deer County just off of Hwy 2 in a high traffic area. Fully serviced hard packed 3.58 acre gravel lot currently being utilized as Industrial storage. Gasoline Alley next to Red Deer is a hub for Industrial, Commercial, Retail and Residential activity. Easy access off of Hwy 2 and centrally located between Alberta's two major cities Edmonton & Calgary, AB. Adjoining lot 12 for sale under MLS# A2302498.

property details

type: Land, Vacant Land
lot: 4 sq ft
parking: 0
property tax: $15,365 / yr
days on market: 135
MLS®: A2320492

property tax

about $9,573 a year

The asking price times Red Deer County's 2026 residential rate of 7.09 per $1,000 (municipal and education).

The listing shows $15,365 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

$7,162/mo

Mortgage $5,882 · Tax $1,280

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

estimated payment

$5,882/ monthly

loan $1,080,000

25-year amortization

down payment20% · $270,00020%+ 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: $684,546
land title fees: $2,530; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $272,530; down + land title fees
total paid: $1,764,546

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