5620 55 AV

1 / 12

$99,900

5620 55 AV

Tofield · MLS® E4412112

5,868 m² lot · Land · Vacant Land · 725 days on market

listed by Kevin Smook, Home-Time Realty

realtor's description

DEVELOPER ALERT!!! Super location for a multi-family development (Duplex, Apartment, Semi-Detached Residential) on the west edge of the Town of Tofield, 30 minutes east of Edmonton/Sherwood Park and 45 minutes from the Edmonton International Airport. 1.45 acre parcel zoned Medium Density Residential. The Town of Tofield offers a RESIDENTIAL TAX INCENTIVE for new construction (75/50/25). Situated at the end of 55th Avenue in a Cul-de-sac. Note: GST will be dealt with at the time of offer (Judicial listing). Many new homes have been built in the Ketchamoot Plains Subdivision. Tofield features two Schools, a Health Centre, Medical Clinic, Pharmacies, Dental Clinic plus many other businesses and recreational opportunities. Welcome home!

property details

type: Land, Vacant Land
lot: 5,868 m²
parking: 0
days on market: 725
MLS®: E4412112

features

Cul-de-sac
No back lane

monthly cost

$435/mo

Mortgage $435

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

estimated payment

$435/ monthly

loan $79,920

25-year amortization

down payment20% · $19,98020%+ 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: $50,656
land title fees: $280; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $20,260; down + land title fees
total paid: $130,576

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

location

TofieldGoogle Maps ↗

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5620 55 AV

1 / 12

$99,900

5620 55 AV

Tofield · MLS® E4412112

5,868 m² lot · Land · Vacant Land · 725 days on market

listed by Kevin Smook, Home-Time Realty

realtor's description

property details

type: Land, Vacant Land
lot: 5,868 m²
parking: 0
days on market: 725
MLS®: E4412112

features

Cul-de-sac
No back lane

property tax

about $1,423 a year

The asking price times Tofield's 2026 residential rate of 14.24 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

$435/mo

Mortgage $435

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

estimated payment

$435/ monthly

loan $79,920

25-year amortization

total interest: $50,656
land title fees: $280; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $20,260; down + land title fees
total paid: $130,576

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