Penhold is a vibrant family oriented community nestled between the QEII HWY and HWY2A just south of Red Deer, AB. Check out our New Home Buyer Incentive Program and many other reasons why Penhold is a great place to call home.
The population of Penhold was 3,563 in the spring of 2019. Our growing commercial sector makes it simple for residents to shop local. Local merchants include grocery store, pharmacy, medical clinic, dentist, veterinary clinic, bank, coffee shops, restaurants, fast food retailers, hardware store, gas stations, hair salons, convenience stores, liquor and cannabis retailers. Penhold is also a part of the 2A South Regional Transit pilot programming connecting residents with Red Deer, Springbrook and Innisfail.
New Home Buyer Incentive Program runs until December 2021 and offers a reduction on Municipal Property Taxes for new home buyers. Check out great variety of home from one of the local builders offering homes in the new developments of Hawkridge Estates, Oxford Landing and The Palisades.
The New Home Buyer Incentive Program begins May 1, 2020 and ends December 31, 2021. Applications for this program must be completed by purchasers and submitted to Town of Penhold with a copy of new land title within 60 days of Land Title change to new owner's name(s).