602, 606, 610, 614, 618 5 Avenue

Elnora · MLS® A2161795

1 sq ft lot · Land · Vacant Land · 785 days on market

listed by Timothy Arnold, RE/MAX real estate central alberta

realtor's description

Large lot consisting of 5 parcels, each measuring 55' wide by 130' deep (7150 sq ft each for a total of 35,720 sq ft). Combined lots equal approximately .8 acres.The properties run along 5th Ave and King St. Services can be tied in to lines that run along King St. The alley (not developed) runs across the back from King St. to Princess St. The property is located in the Village of Elnora just east of Highway 21, approximately 45 minutes south east of Red Deer. Elnora is a quiet little Village where kids can play and you do not need to worry about them. The K-8 school is one block south on Princess St.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
property tax: $1,087 / yr
days on market: 785
MLS®: A2161795

property tax

about $1,510 a year

The asking price times Elnora's 2026 residential rate of 15.12 per $1,000 (municipal and education).

The listing shows $1,087 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

$526/mo

Mortgage $435 · Tax $91

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

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.