Primary photo of 3500 35 Street, Ponoka
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Vacant Land For Sale

$7,248,500

MLS® Number: A2290632

Land Size

137.44

3500 35 Street, Ponoka, Alberta

About This Property

Looking for Prime Land for Farmland / Development / or Investment in Central Alberta just off Highway 2 in-between Calgary in Edmonton, This Is It! Exceptional 137.44-acre Development Parcel located on the South-East corner of Ponoka along Highway 53. This property has been annexed into the Town of Ponoka and includes a Structural Plan of 400 Single-Family Residential Lots, with possibilities for modifications for Multi-Family and Duplex Development and possibility of Senior Complex along side Single-Family Residence subject to Town Approval. 5 acres of land have been Designated Highway Commercial Development. The property offers Beautiful Views overlooking the Battle River Valley, potential Walkout Lots, and is lined with Mature Spruce Trees along the East boundary, creating a stunning Natural Backdrop and adding value for a Future Subdivision. The West side backs onto the Ponoka Golf Course, further enhancing the appeal for Residential Development. Ideally located with Quick Access to Highway 2, providing Convenient Travel to Red Deer, Edmonton, the University of Alberta, and Edmonton International Airport. This property is centrally located for easy access to all major racetracks which is a multi million dollar industry in Alberta. [ Alberta is home to 37% of all horses in Canada ]. Ponoka has Two Local Hospitals, one is a Major Brain Injury Hospital and Mental Health Centre in Alberta, plus this property location has access to a min of 25 hospitals in Central Alberta within an hour drive for anyone in the Medical Profession looking for Local Employment Opportunities or Development. And let us not forget the annual Tourist Attraction, “The Ponoka Stampede”; the second largest Pro Rodeo and World Professional Chuckwagon Races in Canada!! Recent expansion of the Local Airport makes it a Vibrant and Growing Community in Central Alberta (which is a CBSA Canpass airport which means if you apply to be part of the Canpass and if are accepted into the program you can cl ear customs in Ponoka). The land is currently producing hay (approx. 598 bales annually), and the seller is willing to rent back the farmland until development begins, offering Interim Income Potential. An additional 5.4-acre acreage (MLS A2290624) with a High-End Two-Storey home, double attached garage, covered veranda, and Quonset is available for purchase separately or together with the bare land making this an Outstanding Package of land to own or create your own Yellowstone Ranch. Municipal water and sewer services are located at the Northwest corner of the property, supporting Future Development. A Rare Opportunity to secure a Large-Scale Development parcel in one of Central Alberta’s most Desirable and Strategically Located communities.

Property Details

Land & Location

City Region

Riverside

Lot Size Area

137.44 acres

Lot Size Dimensions

137.44

Parcel Number

0028065473

Postal Code

T4J1A8

Subdivision Name

Riverside

Listing & Financials

Listing Office

Realty Executives Alberta Elite

Originating System Name

Central Alberta REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($1,449,700)
5.5%
25 Years

Estimated Monthly Payment

$35,610

Principal and interest only. Actual rates may vary.

Location & Map

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