On Range Road 254, Rural Lacombe County

We have found 4 Farm and Ranches that closely match the specifications of the property located at On Range Road 254 with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 1,700,000 and 2,450,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Farm and Ranches in the T4L2N4 postal code area of Rural Lacombe County Alberta Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at On Range Road 254. The current price of the property is $1,790,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,432,000. This would result in a monthly mortgage payment of $8,370 over a 25-year amortization period.