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241 Canal Street
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Beds
3
Baths
2
Sqft
1,562
Year
2008
Type
Single Family
On market
12d
If you're looking for that ultimate lake lot or a summer place to get away with the family… look no further! This custom-built property holds a premium location in Meridian Beach, a lakefront community on Gull Lake, Alberta. The development offers several amenities, including its unique canal feature that provides unparalleled boat access to the lake, two white sand beaches, playgrounds, volleyball, tennis/pickleball courts, & community hall. Escape from the city while being conveniently close to Calgary, Edmonton, & Red Deer. Imagine evening fires on a 0.30acre lot backing onto a densely treed area — perfect for the kids to play & explore! The 24X24' detached garage offers room to park full sized vehicles & store all your water toys, bikes & snowmobiles! This property also comes with a canal front, private dock right near the boat launch for quick access & loading of the boat snacks! Head inside the home to explore the 1,562sqft of living space; the main living area features a corner pellet stove, which serves as one of the main heating elements! Each room has its own adjustable baseboard heat for climate & comfort control. The primary suite is located on the upper floor, extending the true lake feel with its own roof top deck, dual closets, & 4pc bathroom. Two more bedrooms complete the upper floor. The kitchen is a chef's dream, featuring electric stove, ample cabinetry, huge center island with pull up eating area, tile backsplash, & a full appliance package. Large bright windows all around this home, including south & west facing windows, absolutely pour in the sun. Do not miss the fully enclosed rear sunroom, great for evening game night or just hanging out with family. The main floor also includes a laundry room & a fancy 3pc guest bathroom, providing great functionality when hosting large gatherings. Beautiful hardwood flooring runs throughout the main floor with a tiled entry way. Meticulously maintained & well cared for, the home's Hardie board exterior enh ances its visual appeal while also ensuring durability & ease of maintenance. Do not miss the private yard with no neighbours behind — an excellent place to gather the family for a round of S'mores! Enjoy summer evenings exploring the woods, morning walks to the lake, or relaxing on the deck; a great place to get together with family & friends. This property comes with a prime canal frontage and private boat dock at the main bridge area, providing quick drivable access for loading & unloading the boat. Best of all, the home comes fully furnished — turn-key & ready for you to start enjoying lake life from day one! Additional features include a freshly paved driveway! Meridian Beach is Gull Lake's finest destination, with a year-round community that offers many neighbourhood activities & amenities, a general store & restaurant — a great place to meet neighbours for a bite to eat. Ice fishing, tobogganing, skating, swimming, sunbathing, & the yearly Canal Days! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 9.08 Ft x 14.00 Ft | |
| Dining room | 7.42 Ft x 13.83 Ft | |
| Living room | 13.83 Ft x 21.75 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.83 Ft | |
| Laundry room | 5.33 Ft x 8.83 Ft | |
| Sunroom | 9.83 Ft x 10.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.08 Ft x 17.00 Ft | |
| 4pc Bathroom | 4.92 Ft x 10.83 Ft | |
| Bedroom | 10.75 Ft x 11.00 Ft | |
| Bedroom | 9.75 Ft x 10.92 Ft | |
| Storage | 2.33 Ft x 5.92 Ft |
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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 28, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Ponoka County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.