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Renanza Realty
For sale

3500 35 Street

Ponoka, Alberta

MLS® A2290632

$7,248,500

Status
Active
Property type
Vacant land
MLS® number
A2290632
Bedrooms
Bathrooms
Year built

Listing description

Looking for Prime Land for Farmland / Development / or Investment in Central Alberta just off Highway 2 in-between Calgary in Edmonton, This Is It! Exceptional 137. 44-acre Development Parcel located on the South-East corner of Ponoka along Highway 53.

This property has been annexed into the Town of Ponoka and includes a Structural Plan of 400 Single-Family Residential Lots, with possibilities for modifications for Multi-Family and Duplex Development and possibility of Senior Complex along side Single-Family Residence subject to Town Approval. 5 acres of land have been Designated Highway Commercial Development. Municipal water and sewer services are located at the Northwest corner of the property, supporting Future Development.

The property offers Beautiful Views overlooking the Battle River Valley, potential Walkout Lots, and is lined with Mature Spruce Trees along the East boundary, creating a stunning Natural Backdrop and adding value for a Future Subdivision. The West side backs onto the Ponoka Golf Course, further enhancing the appeal for Residential Development. Ideally located with Quick Access to Highway 2, providing Convenient Travel to Red Deer, Edmonton, the University of Alberta, and Edmonton International Airport.

This property is centrally located for easy access to all major racetracks which is a multi million dollar industry in Alberta. [ Alberta is home to 37% of all horses in Canada ]. Ponoka has Two Local Hospitals, one is a Major Brain Injury Hospital and Mental Health Centre in Alberta, plus this property location has access to a min of 25 hospitals in Central Alberta within an hour drive for anyone in the Medical Profession looking for Local Employment Opportunities or Development.

And let us not forget the annual Tourist Attraction, “The Ponoka Stampede”; the second largest Pro Rodeo and World Professional Chuckwagon Races in Canada!! Recent expansion of the Local Airport makes it a Vibrant and Growing Community in Central Alberta (which is a CBSA Canpass airport which means if you apply to be part of the Canpass and if are accepted into the program you can clear customs in Ponoka). The land is currently producing hay (approx.

598 bales annually), and the seller is willing to rent back the farmland until development begins, offering Interim Income Potential. An additional 5. 4-acre acreage (MLS A2290624) with a High-End Two-Storey home, double attached garage, covered veranda, and Quonset is available for purchase separately or together with the bare land making this an Outstanding Package of land to own or create your own Yellowstone Ranch.

A Rare Opportunity to secure a Large-Scale Development parcel in one of Central Alberta’s most Desirable and Strategically Located communities.

Property summary

MLS® number
A2290632
Property type
Vacant Land
Title
Freehold
Land size
137.44 acres
Annual property taxes
$603.27
Days on market
169 days

What would this home cost you?

Based on the $7,248,500 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$33,726 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Realty Executives Alberta Elite, Red Deer.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.