A1 Forty Mile Park

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$149,900

A1 Forty Mile Park

Rural Forty Mile No. 8, County of · MLS® A2327663

4,843 sq ft lot · Land · Vacant Land · 106 days on market

listed by MACKENZIE JOHNSON, REAL BROKER

realtor's description

Welcome to your perfect summer escape! This recreational lot is ideally located in the County of Forty Mile Park, just a short walk to the beach, boat launch, and all the fun of lake life. Tucked into a quiet area with only one neighbour and no one behind or in front, this lot offers a rare sense of privacy and space to spread out and relax. The property already comes equipped with a trailer, two sheds for extra storage, a deck for evening relaxing, and a 500-gallon septic tank in place, making it that much easier to settle in and start enjoying lake life right away. This leasehold property is subleased through the County of Forty Mile Park and offers a fantastic opportunity to enjoy boating, swimming, fishing, and long summer evenings under the stars. A great spot to relax, unwind, and make the most of everything lake life has to offer.

property details

type: Land, Vacant Land
lot: 4,843 sq ft
parking: 0
property tax: $559 / yr
days on market: 106
MLS®: A2327663

features

Recreational

property tax

about $1,186 a year

The asking price times County of Forty Mile No. 8's 2026 residential rate of 7.91 per $1,000 (municipal and education).

The listing shows $559 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

$700/mo

Mortgage $653 · Tax $47

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

estimated payment

$653/ monthly

loan $119,920

25-year amortization

down payment20% · $29,98020%+ 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: $76,010
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,350; down + land title fees
total paid: $195,930

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