SE-25-72-5-W6 RGE RD 50
Rural Grande Prairie No. 1, County of, Alberta
MLS® A2326982
$429,900
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2326982
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 3Listing description
Big Land. Smart Math. Simple Logic.
Yes, you can buy as farmland... but this parcel works uniquely as an acreage as well. This 111.
35 acre parcel, about 15 minutes from Grande Prairie, makes you almost $12,500 per year in income through surface revenue and leased farmland— (or you can make more money by farming the land yourself!) That income can cover the mortgage payments on about $175,000 at 5% interest over 25 years ($195,000 if 4% interest). With an asking price of $429,900, ownership could feel more like making payments on around $255,000.
That is affordable even to acreage buyers looking parcels half the size or smaller! In simple terms, the land you buy will help you pay for it. And here’s where the value really stands out: this works out to under $4,000 per acre (before annual income is considered) —think Costco pricing.
Buy in bulk, pay less per unit, and in this case, have someone else tend your land! Add what could be 10 acres or more of trees, and you can choose complete privacy, get more land/space, income, and room to breathe—without giving up proximity to town. Check it out today - this land WILL sell.
Call your REALTOR® to learn more. GST will be added to the purchase price.
Property summary
- MLS® number
- A2326982
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 111.35 acres
- Annual property taxes
- $181.95
- Days on market
- 51 days
What would this home cost you?
Based on the $429,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Grande Prairie, 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.