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Cold Lake · Vacant Land · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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Cold Lake, Alberta – Your Next High-Impact Development Opportunity. Position your business for success in one of Alberta’s most dynamic small cities. This 1.88-acre C2 arterial commercial lot is strategically located at the intersection of Highway 28 & Highway 55 — dual highway frontage with exceptional visibility. This is more than just a lot; it’s a front-row seat to the region’s growth.Approximately 3 hours from Edmonton, Alberta’s capital, and 2 hours from Lloydminster, AB/SK, this location is a natural commercial stop and regional draw. It benefits from an expanding population and workforce fueled by a strong oil & gas sector, Canadian Forces Base Cold Lake, and regional service industries.The site is directly adjacent to a travel centre anchored by Esso, Tim Hortons, Burger King, NAP Liquor, and Pizza 73. Cold Lake also enjoys year-round tourism, attracting anglers, boaters, and vacationers in summer, as well as snowmobilers, hockey tournaments, and winter sports enthusiasts during the colder monthsSite Services: Electricity at Lot Line,Natural Gas at Lot Line,Sanitary Sewer Lot Line,City Water at Lot LineSite Influences: Cleared,High Traffic Area,Shopping Nearby,Visual Exposure,Highway Access,Schools (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 Jul 8, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.