Lot 8

Magrath · MLS® A2348589

8 sq ft lot · Land · Vacant Land · 25 days on market

listed by Anne French, Grassroots Realty Group

realtor's description

Discover an exceptional opportunity to build your dream home on this approximately 7.5-acre parcel located just outside the Town of Magrath and only moments from the Magrath Golf Course. Offering the perfect balance of country living and modern convenience, this property features both municipal water and irrigation water, and electricity and natural gas close by providing excellent flexibility for your future plans. Take in breathtaking panoramic views of the Rocky Mountains while enjoying the peace, privacy, and open space that only acreage living can provide. Whether you're envisioning a custom-built family home, a hobby farm, space for animals, or simply a quiet retreat with room to grow, this property offers endless possibilities. Enjoy the benefits of living just minutes from Magrath, with easy access to local amenities including a grocery store, gas station, shops, campgrounds, schools, recreation facilities, and more. Plus, you're only 25 minutes from Lethbridge, making commuting and access to larger city amenities quick and convenient. With four adjacent lots currently available, buyers have the unique opportunity to walk the land and select the parcel that best suits their vision. Don't miss your chance to secure one of these outstanding acreage properties. Call your favourite REALTOR® today and come experience the beauty, views, and potential for yourself!

property details

type: Land, Vacant Land
lot: 8 sq ft
parking: 0
property tax: $500 / yr
days on market: 25
MLS®: A2348589

property tax

about $3,023 a year

The asking price times Magrath's 2026 residential rate of 10.25 per $1,000 (municipal and education).

The listing shows $500 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

$1,327/mo

Mortgage $1,285 · Tax $42

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

estimated payment

$1,285/ monthly

loan $235,920

25-year amortization

down payment20% · $58,98020%+ 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: $149,535
land title fees: $635; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $59,615; down + land title fees
total paid: $385,455

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