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Renanza Realty
For sale

70054 TWP RD 715

Grande Prairie, Alberta

MLS® A2348817

$1,999,900

Status
Active
Property type
House
MLS® number
A2348817
Bedrooms
4
Bathrooms
2
Year built
1966

Listing description

INCREDIBLE INVESTMENT & DEVELOPMENT OPPORTUNITY! 156 acres bordering the new Highway 43X bypass with pavement right to the driveway, offering outstanding exposure and huge long-term industrial and commercial development potential along one of Northern Alberta’s busiest transportation corridors. Recently annexed into the City of Grande Prairie and positioned in the path of future growth, this property provides investors the opportunity to generate income while planning and engineering future development, with approximately $68,200/year in current potential revenue from the house and shop rental ($5,000/month), farmland rent ($4,000/year), and surface lease revenue ($4,200/year).

The attractive approximately 5-acre main yard site features a 1,176 sq. ft. 4-bedroom, 2-bathroom home, 42' x 60' heated shop with 14' door and in floor heat, new boiler 2025, 29x40' workshop prepped for heat, large open-sided 30'x88' machine shed, detached double garage, and additional outbuildings, providing the option to continue renting or live on site and operate your business.

Approximately 100. 56 acres are currently cultivated, and a second established yard site with its own driveway, previously home to a mobile residence, offers additional future possibilities including another residence or potential subdivision, subject to City approval. Currently zoned AG with 2025 property taxes of only $2,244.

42, this is a rare opportunity to secure a full quarter with substantial existing infrastructure, multiple income streams, exceptionally low holding costs, Highway 43X frontage, and significant future development potential within the growing City of Grande Prairie.

Property summary

MLS® number
A2348817
Property type
Single Family
Building type
House
Square footage
1,170 sq ft
Title
Freehold
Land size
156 acres
Built in
1966
Annual property taxes
$2,244.42
Parking
Detached Garage, Detached Garage, Detached Garage, Garage, Gravel
Days on market
45 days

Features & details

Heating
Forced air
Cooling
None
Basement
Finished, Full
Flooring
Other
Appliances
See remarks
Lot features
See remarks, Other
Architectural style
Bungalow

What would this home cost you?

Based on the $1,999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,305 /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 Sutton Group Grande Prairie Professionals, Grande Prairie.

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.