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Investment signal

$409,000

SH NW 11-48-21-W4 on Range Road 212

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Beds

Baths

Sqft

Year

Type

Agriculture

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Armena. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Imagine 80 ACRES… you have FINALLY FOUND MORE THAN 10 or 20 acres!! You need space for a house AND a decent size shop and yard? Want room to pasture some horses or a few head of cattle or sheep? Your new property is located 400 yards off pavement about 42 minutes from Edm Int’l Airport, just west of Hwy 21 and 616. This 80 is fully farmed and is a clean slate to set up your yard as you wish. And if it’s a few years until you’re ready to build there is rental income should you wish. Welcome to your dream! GST may be applicable. (id:65958)

Subtype
Agriculture
Common interest
Freehold
Lot size
79.32 acres
Lot dimensions
79.32
On market
Jan 25, 2026
Status changed
Apr 27, 2026
Annual tax
$168 (2025)
Zoning
AG
Photos
6
MLS#
A2281560
Area
ARMENA
Negative cash flow ~$157/mo at these assumptions

Cash on cash

-2.30%

Cap rate

4.40%

GRM

14.2

Break-even rent

$2,565

Financing

Down payment$81,800
Loan amount$327,200
Mortgage$1,658/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$187
Insurance$80
Maintenance$341
CapEx reserve$170
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,658/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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