$635,000
Centre Avenue and Centre Street
Beds
—
Baths
—
Sqft
—
Year
1970
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. 24.46 acres ± of fully serviced, development-ready land located within the Town of New Sarepta, governed by Leduc County. Immediate access to Highway 21 in established community with schools, recreation, and amenities. Engineering may proceed once the purchaser customizes the site layout. The construction can be staged with minimal offsite improvements required. Approved zoning allows for Commercial, Single-family, Duplex, and Multi-family residential development with strong opportunity for aging-in-place or seniors housing, particularly on the high-density, multi-family parcels. (id:65958)
- Subtype
- Vacant Land
- Living area
- 1,065,478 square feet
- Lot size
- 1,065,477.6 square feet
- Lot dimensions
- 1065477.6
- Parking
- 0 total
- On market
- Feb 25, 2026
- Status changed
- Apr 13, 2026
- Photos
- 3
- MLS#
- 44400617
- Area
- NEW_SAREPTA
Cash on cash
-11.95%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,507
Financing
Operating expenses (monthly)
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 New Sarepta. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.