For Sale: SE-25-72-5-W6 Rge Rd 50, County of Grande Prairie, AB - REW
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$429,900
0 bd • ba • sf • Land/Lot
SE-25-72-5-W6 Rge Rd 50
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$429,900
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SE-25-72-5-W6 Rge Rd 50County of Grande Prairie, AB, T0H 3C0

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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.
Listed by: Mark Street, RE/MAX Grande Prairie

Home facts and features

Price details
List Price
$429,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
112 ft²
Agent details
Primary Agent
Primary Broker
RE/MAX Grande Prairie
Listing details
Days on REW
38 Days
MLS® Number
A2326982
Source
Pillar 9
Board
Grande Prairie & Area Association of REALTORS®
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

The Learning Connection (Hinton)
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Crescent Valley School
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Harry Collinge High School
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École Mountain View School
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Father Gerard Redmond Community Catholic School
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St. Gregory Catholic School
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Jasper Junior Senior High School
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École Desrochers
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Jasper Elementary School
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Entwistle School
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Mark Street
Phone:
(780) 933-9233
Office:
780-538-4747
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