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For Sale · Ponoka · Vacant Land
$7,248,500
About This Home
Looking for Prime Land for Farmland / Development / or Investment in Central Alberta just off Highway 2 in-between Calgary in Edmonton, This Is It! Exceptional 137.44-acre Development Parcel located on the South-East corner of Ponoka along Highway 53. This property has been annexed into the Town of Ponoka and includes a Structural Plan of 400 Single-Family Residential Lots, with possibilities for modifications for Multi-Family and Duplex Development and possibility of Senior Complex along side Single-Family Residence subject to Town Approval. 5 acres of land have been Designated Highway Commercial Development. Municipal water and sewer services are located at the Northwest corner of the property, supporting Future Development. The property offers Beautiful Views overlooking the Battle River Valley, potential Walkout Lots, and is lined with Mature Spruce Trees along the East boundary, creating a stunning Natural Backdrop and adding value for a Future Subdivision. The West side backs onto the Ponoka Golf Course, further enhancing the appeal for Residential Development. Ideally located with Quick Access to Highway 2, providing Convenient Travel to Red Deer, Edmonton, the University of Alberta, and Edmonton International Airport. This property is centrally located for easy access to all major racetracks which is a multi million dollar industry in Alberta. [ Alberta is home to 37% of all horses in Canada ]. Ponoka has Two Local Hospitals, one is a Major Brain Injury Hospital and Mental Health Centre in Alberta, plus this property location has access to a min of 25 hospitals in Central Alberta within an hour drive for anyone in the Medical Profession looking for Local Employment Opportunities or Development. And let us not forget the annual Tourist Attraction, “The Ponoka Stampede”; the second largest Pro Rodeo and World Professional Chuckwagon Races in Canada!! Recent expansion of the Local Airport makes it a Vibrant and Growing Community in Central Alberta (which is a CBSA Canpass airport which means if you apply to be part of the Canpass and if are accepted into the program you can clear customs in Ponoka). The land is currently producing hay (approx. 598 bales annually), and the seller is willing to rent back the farmland until development begins, offering Interim Income Potential. An additional 5.4-acre acreage (MLS A2290624) with a High-End Two-Storey home, double attached garage, covered veranda, and Quonset is available for purchase separately or together with the bare land making this an Outstanding Package of land to own or create your own Yellowstone Ranch. A Rare Opportunity to secure a Large-Scale Development parcel in one of Central Alberta’s most Desirable and Strategically Located communities. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$33,899
$5,798,800 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$33,899
Cash flow
-$33,899
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Ponoka right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Ponoka, from the Statistics Canada 2021 Census.
The immediate block around this home (1.0 km radius): about 476 residents in 147 homes, 1,796 people/km² (urban).
Source: Statistics Canada 2021 Census, Ponoka, Town, Alberta; block-level figures from dissemination area 48080423.
Schools
K-12 schools closest to this home, with straight-line distances.
Ponoka Elementary School
public · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or 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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.