South Of Twin Fawn Subdivision

Jarvis Bay · MLS® A2341936

4 sq ft lot · Land · Vacant Land · 53 days on market

listed by Glen Goodall, RE/MAX real estate central alberta

realtor's description

AMAZING OPPORTUNITY! Develop the land or build your dream lakefront home. Potential for 8 large Lakefront lots right on Sylvan Lake (with approval from Summer Village) This beautiful lot is located in the sought after neighborhood of Jarvis Bay and only minutes from the heart of Sylvan Lake and all the amenities the town has to offer. Opportunity Knocks!

property details

type: Land, Vacant Land
lot: 4 sq ft
parking: 0
property tax: $12,407 / yr
days on market: 53
MLS®: A2341936

features

See remarks
Environmental reserve
Level

property tax

about $12,280 a year

The asking price times Jarvis Bay's 2026 residential rate of 4.82 per $1,000 (municipal and education).

The listing shows $12,407 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

$12,144/mo

Mortgage $11,110 · Tax $1,034

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

estimated payment

$11,110/ monthly

loan $2,040,000

25-year amortization

down payment20% · $510,00020%+ 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: $1,293,032
land title fees: $4,690; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $514,690; down + land title fees
total paid: $3,333,032

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