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Renanza Realty
For sale

5014 53 Avenue

Rimbey, Alberta

MLS® A2340063

$59,900

Status
Active
Property type
Vacant land
MLS® number
A2340063
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

BUILD, INVEST OR DEVELOP! Great opportunity to secure an R2-zoned residential lot in the Town of Rimbey with several options for future development. R2 – Low Density General Residential zoning provides flexibility for a single-family home, duplex development of a home.

For today's market, this property could be especially appealing to a builder or investor looking to construct a side-by-side duplex, offering the potential to sell each side individually where subdivision requirements can be met, or retain the property as a long-term rental investment. Alternatively, build a new single-family home. With demand for affordable housing and rental accommodation continuing to create opportunities in smaller Central Alberta communities, this vacant lot offers buyers the ability to design a property around today's market rather than adapting an older home.

Whether you're a builder, investor or future homeowner, this is an opportunity to put R2 zoning to work and create a property suited to your goals.

Property summary

MLS® number
A2340063
Property type
Vacant Land
Title
Freehold
Land size
580.64 square meters
Annual property taxes
$575.40
Days on market
39 days

What would this home cost you?

Based on the $59,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$279 /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 CIR Realty, 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.