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Cold Lake · Vacant Land · under $125,000. Alerts only send when there are new or meaningfully updated matching homes.
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Located in the much-sought-after neighbourhood of The Meadows, part of the larger Tri-City Estates area of Cold Lake, this corner lot is the last vacant parcel available for development in this subdivision. This huge lot is approximately 609 m2 (6555 sq. ft.) in area and faces southwards. The lot is zoned R1B which allows for residential development, minor home-based businesses, and other discretionary uses. The neighbourhood itself is well established and full of families and young professionals. The subdivision boasts a very large park with a playground and swings, an off leash dog park, access to various recreational trails, and walking distance to the Tri-City Mall commercial district with tons of shopping and dining options! There is a bus stop for public transportation at the entrance to the subdivision, and a local K-12 French school in the area plus busing available to other schools. See why this area continues to be a highly desirable place to live in Cold Lake, and build your dream home today! (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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.