Dedication | Focus | Loyalty
Active
$310,000
PT of NE 9-49-7-W5
Drayton Valley, Drayton Valley
MLS® #E4451140
- 1 square meters
- Vacant Land
- ✓ Real Lot Size Listed
Investors, THIS IS FOR YOU!!! FIRSTLY – $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It is up for the next renewal in 2029. You still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year, so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property is off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspen view on Pond. GREAT INVESTMENT and GREAT LOCATION.! (id:66619)
Features
Lot
1 square meters
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.