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Rural Forty Mile No. 8, County of · Vacant Land · under $175,000. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to your perfect summer escape! This recreational lot is ideally located in the County of Forty Mile Park, just a short walk to the beach, boat launch, and all the fun of lake life. Tucked into a quiet area with only one neighbour and no one behind or in front, this lot offers a rare sense of privacy and space to spread out and relax. The property already comes equipped with a trailer, two sheds for extra storage, a deck for evening relaxing, and a 500-gallon septic tank in place, making it that much easier to settle in and start enjoying lake life right away. This leasehold property is subleased through the County of Forty Mile Park and offers a fantastic opportunity to enjoy boating, swimming, fishing, and long summer evenings under the stars. A great spot to relax, unwind, and make the most of everything lake life has to offer. (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
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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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 Jul 10, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.