53 Thatcher Avenue

Timberlands North, Red Deer · MLS® A2317163

4,921 sq ft lot · Land · Vacant Land · 145 days on market

listed by Roxann Klepper, RE/MAX real estate central alberta

realtor's description

Picture yourself in a neighbourhood that has it all; great walkability to nearby amenities, beautiful streets and pathways with tons of lighting, an eco-friendly design for keeping landscaping looking bright and new, and the chance to build your dream home with the builder of your choice. That’s what you get in Timberlands North! The newest neighbourhood in Red Deer, find everything you need in a brand new home when you choose your lot and pick your builder. If you like bright, shiny, and custom designed, this is the place you want to build. Picture yourself here – in Timberlands North!

property details

type: Land, Vacant Land
lot: 4,921 sq ft
parking: 0
days on market: 145
MLS®: A2317163

property tax

about $1,568 a year

The asking price times Red Deer's 2026 residential rate of 9.83 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

$695/mo

Mortgage $695

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

estimated payment

$695/ monthly

loan $127,680

25-year amortization

down payment20% · $31,92020%+ 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: $80,929
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,310; down + land title fees
total paid: $208,609

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