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Escape to the peaceful shores of McGregor Lake with this 3.68-acre recreational property in Rural Vulcan County. Located just a short walk from the lake, this parcel offers a fantastic opportunity to create your own lakeside retreat surrounded by wide open prairie views and beautiful water scenery. Power has been brought to the property line and a meter box is already in place (breaker not installed), making it easier to start planning your future development. The property is ideally situated with a roadway to the north that provides convenient access directly to the local boat launch, perfect for enjoying fishing, boating, and other lake activities. The county maintains and ploughs the roads, allowing for reliable year-round access. This area is known for its quiet setting and stunning views across McGregor Lake, one of Alberta’s hidden gems located just over an hour from Calgary and a short drive to the town of Milo or Lomond. Services in the area are typical for recreational properties, with propane and hauled water commonly used. Whether you are dreaming of building a seasonal getaway, placing an RV for summer weekends, or creating a future cabin retreat, this spacious lake-area property offers endless possibilities to enjoy lake life and the tranquility of rural Alberta. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.