Hwy 21 Twp 534

None, Rural Strathcona County · MLS® E4511249

56 sq ft lot · Land · Vacant Land · 23 days on market

listed by Terri Drynan, RE/MAX Real Estate

realtor's description

PRIME 56.47-Acre Development Opportunity! This 56.47-acre parcel is ideally situated at the southwest corner of Highway 21 and Township Road 534. Currently utilized as vacant farmland, the property is located within the boundaries of the Cambrian Crossing Area Structure Plan, offering significant potential for future development. Phase 1 of the Hearthstone residential development is located directly south of the property, positioning this parcel in an area experiencing continued residential growth. With its prominent highway exposure, strategic location, and proximity to existing and planned development, this property presents an excellent opportunity for future development and investment.

property details

type: Land, Vacant Land
lot: 56 sq ft
parking: 0
days on market: 23
MLS®: E4511249

features

See remarks
Agriculture

property tax

about $39,296 a year

The asking price times Strathcona County's 2026 residential rate of 7.28 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

$23,527/mo

Mortgage $23,527

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

estimated payment

$23,527/ monthly

loan $4,320,000

25-year amortization

down payment20% · $1,080,00020%+ 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: $2,738,185
land title fees: $9,820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $1,089,820; down + land title fees
total paid: $7,058,185

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