Featured Imagery

Exceptional Property

246 Main Street, Hay Lakes

$129,900

null Bedrooms

null Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Vacant Land

Style

Other

Year Built

N/A

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

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Outstanding opportunity to acquire three adjacent commercial/residential lots in the welcoming village of Hay Lakes, Alberta. A community known for its small-town charm, strong local values, and strategic location. Situated just 20 minutes from Camrose and under 45 minutes from Edmonton, Hay Lakes lies along Highway 21, offering prime visibility an...

MLS Number

A2216279

Listed By

CIR Realty - Camrose Office

Last Updated

May 27, 2025, 3:21 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Vacant Land

Architectural Style

Other

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# A2216279

List Date

May 1, 2025, 5:26 p.m.

List Price

$129,900

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.