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Camrose · Vacant Land · under $5,200,000. Alerts only send when there are new or meaningfully updated matching homes.
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Amazing Development Potential!! Power is at the lot line and city water is at the road. This 152 Acre Property is located with in the City limits. Camrose is approximately 1 hour from Edmonton and 45 minutes from the Edmonton International Airport. The City of Camrose has positive growth rate and with the population just under 20,000 and steadily increasing the future development possibilities are endless. The city has that small town feeling with its beautiful downtown core and unique shops and restaurants but also has the big City amenities such as the University of Alberta (Augustana Campus), big box stores for all your shopping needs, and an industrial East end. There are many activities to attract families to Camrose including walking trails, bike paths, hockey (Camrosian's love their Kodiaks and Vikings), figuring skating, dance, a new gymnastics club, skiing, the newly updated aquatic center complete with spray park, several ball diamonds and soccer fields. If you are looking for the next big development project, this may the perfect parcel for you. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Nov 16, 2025.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.