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Range Rd 272
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Spruce Grove · Vacant Land · under $2,975,000. Alerts only send when there are new or meaningfully updated matching homes.
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This 172 acres is just 1 mile south of the Graminia Community School and would very suitable for an River View Estate home or a Country Residential development. The land is on the bank of the North Saskatchewan River with almost a mile of river frontage with trails down into the valley and onto the island and to the rivers edge.The 172 acres is presently used as agriculture with about 100 acres in grain production and the balance 72 acres is the river bank, a small creek and the island is naturally treed. There are several spectacular building sites with river views. This would be a great property for future Recreation uses. The property is fenced on 3 sides. There are 2 access points to this property both only 1 mile from the pavement on Graminia Road. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 14, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.