ON #2/35 Highway

Rural Peace No. 135, M.D. of · MLS® A2270566

4 sq ft lot · Land · Vacant Land · 345 days on market

listed by Amber Marcoux, RE/MAX Northern Realty

realtor's description

Great opportunity to build your dream home! Minutes from Grimshaw with highway frontage so no gravel to travel. This acreage has an existing water well but is otherwise a blank slate so you will have minimal work to complete prior to building or bringing a home in. Site is not treed so you can plant them wherever you like! Power and gas lines are close by so easy to bring onto the property.

property details

type: Land, Vacant Land
lot: 4 sq ft
parking: 0
days on market: 345
MLS®: A2270566

property tax

about $1,153 a year

The asking price times M.D. of Peace No. 135's 2026 residential rate of 10.03 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

$501/mo

Mortgage $501

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

estimated payment

$501/ monthly

loan $92,000

25-year amortization

down payment20% · $23,00020%+ 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: $58,313
land title fees: $310; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $23,310; down + land title fees
total paid: $150,313

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