1/1553068 RGE ROAD 222, Rural Strathcona County
53068 RGE ROAD 222, Rural Strathcona County, AB T8E2A2
$549,000 total
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Asset Class
Land
Size
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Building class
C
Zoning
AG — Agricultural
$ / SF
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Occupancy
91%
Lot Size
4.3 ac
About this property
FANTASTIC OPPORTUNITY to build your dream home in a highly sought-after community! Enjoy the convenience of being within walking distance to all levels of schools, while the Ardrossan Recreation Centre, parks and playgrounds are just minutes away. This is prime land in the heart of one of the area’s fastest-growing communities, offering incredible potential for your dream home, investment or future development.Ideally located across from a growing commercial development featuring restaurants, daycare, veterinary clinic, gas station and more. With two titled properties and a combined price under $550,000, this is a rare opportunity to secure a substantial parcel of land in a community where opportunities like this are becoming increasingly limited. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$27K
Annual cash flow
$-3K
Cash-on-cash
-1.85%
DSCR
0.90
Going-in cap
4.99%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
118,237
Households
45,788
Median income
$72,000
Median age
41.8
Daytime population
133,330
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 53068 RGE ROAD 222, Rural Strathcona County.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.