Hwy 2 RR 263

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$54,900

Hwy 2 RR 263

None, Rural Lesser Slave River M.D. · MLS® E4489986

674 sq ft lot · Land · Vacant Land · 151 days on market

listed by Denis Landry, Royal Lepage Town & Country Realty

realtor's description

Exceptional opportunity to acquire a grazing lease consisting of 673.9 acres located in Lesser Slave River County, bordering the scenic Dancing Lake. This lease offers a carrying capacity of 81 AUM (Animal Unit Months), making it well suited for cattle grazing operations or agricultural expansion. The property features some perimeter fencing, with some areas requiring TLC and sections of new fencing to be completed. Three dugouts are located along the east boundary line on Range Road 263, providing convenient water sources for livestock. Annual lease rental is approximately $505 plus yearly property taxes. Prospective purchasers must qualify with Alberta Forestry and Parks in order to be assigned the grazing lease. Legal land descriptions included in the grazing lease: NE-28-69-26-W4 – 160 Acres, SE-28-69-26-W4 – 160 Acres, SW-28-69-26-W4 – 33.9 Acres, SE-33-69-26-W4 – 160 Acres, SW-33-69-26-W4 – 160 Acres.

property details

type: Land, Vacant Land
lot: 674 sq ft
parking: 0
days on market: 151
MLS®: E4489986

features

See remarks
Agriculture

property tax

about $310 a year

The asking price times M.D. of Lesser Slave River No. 124's 2026 residential rate of 5.64 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

$239/mo

Mortgage $239

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

estimated payment

$239/ monthly

loan $43,920

25-year amortization

down payment20% · $10,98020%+ 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: $27,838
land title fees: $200; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $11,180; down + land title fees
total paid: $71,758

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