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Beds
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Sqft
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Year
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Type
Vacant Land
On market
207d
Welcome to Cherry Lane, a quaint subdivision with beautiful prairie views on the outskirts of Three Hills, just 1 hour 36 to downtown Calgary, 1 hour 18 to Calgary International Airport and 1 hour 10 to Red Deer just a short drive into the Badlands. These lots are within walking distance of daycare, our k-12 public school, and a bustling downtown in a growing, friendly community. Three Hills has all the urban conveniences, some with a rural twist that will make your day, the security of local emergency and medical services, recreation, as well as strong senior and family services and more. Power, natural gas, water and sewer have already been incorporated into the actual building envelope, not just to the lot line, ready to hook up. Driveways and engineered concrete garage slabs, and engineered piles are already in place. Truly one of the best land value packages out there! Ready for the home of your dreams with site prep complete. Choose one lot or choose of 2 lots, currently backing onto green space in a quiet no through traffic cul de sac. (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).
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 21, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Three Hills. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.