7108 38 Avenue

Southwest Meadows, Camrose · MLS® A2298405

6,840 sq ft lot · Land · Vacant Land · 206 days on market

listed by Tracy Brandingen, RE/MAX Real Estate (Edmonton) Ltd.

realtor's description

Don't let the lack of inventory get you down! This is an excellent opportunity to build your dream home!!! This location boasts excellent walkability to shopping, dining, banking and medical access. These lots are a generous size and will fit a bungalow if you require one level design. Don't miss out on this coveted location.

property details

type: Land, Vacant Land
lot: 6,840 sq ft
parking: 0
property tax: $1,350 / yr
days on market: 206
MLS®: A2298405

property tax

about $2,219 a year

The asking price times Camrose's 2026 residential rate of 10.87 per $1,000 (municipal and education).

The listing shows $1,350 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

$1,002/mo

Mortgage $889 · Tax $113

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

estimated payment

$889/ monthly

loan $163,280

25-year amortization

down payment20% · $40,82020%+ 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: $103,493
land title fees: $470; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $41,290; down + land title fees
total paid: $266,773

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