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Investment signal

$375,000

TWP RD 622 & RR 213

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Year

Location

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About this home

This exceptional 149.61-acre agriculturally zoned parcel in rural Thorhild County offers a prime opportunity for both farmers and investors. Located at the corner of Township Road 622 and Range Road 213, the property sits just 3 km north of Highway 661, providing convenient year-round access. Thorhild County is strategically positioned along Highway 63, offering direct connectivity to Fort McMurray, the Athabasca oil sands region, and other major economic hubs. The CN railway corridor also runs through Thorhild, enhancing access to major markets and supporting long-term growth potential. Approximately 75 acres of the land are cultivated, with the balance beautifully treed, offering a blend of productive farmland and natural cover. The area is known for excellent farming conditions, particularly for pulse crops, making this parcel well suited for expanding agricultural operations. Zoning regulations allow for the potential construction of two residences, adding versatility for multi-family living or farm-related housing. The property also benefits from a very low agricultural tax rate, helping to keep long-term carrying costs manageable. With its size, location, and strong agricultural characteristics, this parcel represents an affordable way to expand a land base or diversify a property portfolio. Investors will appreciate the region’s infrastructure and market access, while producers will value the productive soils and farming potential. Whether for operational use or long-term holding, this land offers exceptional value in a growing rural region. (id:65958)

Subtype
Vacant Land
Structure
Recreational
Common interest
Freehold
Lot size
149.61 acres
Lot dimensions
149.61
On market
Dec 8, 2025
Status changed
Apr 15, 2026
Annual tax
$322.28 (2025)
Zoning
AG
Photos
40
MLS#
A2273631
Area
RURAL_THORHILD_COUNTY

Features and systems

Lot

Recreational
Negative cash flow ~$281/mo at these assumptions

Cash on cash

-4.50%

Cap rate

4.99%

GRM

13.0

Break-even rent

$2,696

Financing

Down payment$75,000
Loan amount$300,000
Mortgage$1,840/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$172
Insurance$80
Maintenance$313
CapEx reserve$156
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: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $1,840/mo at 5.49% with 20% down, 25-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 15, 2026.

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