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Lomond · Vacant Land · under $100,000. Alerts only send when there are new or meaningfully updated matching homes.
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5.53 acres parcel for sale located in the Village of Lomond. Located at the south end of Lomond, along Secondary Highway 845. This property was once home to a grain elevator and railway line. As a result, there is very good street exposure and access to traffic. This property is currently zoned Vacant Public Service, by the Village of Lomond. The new owner will need to apply for a change of use and zoning. The Village of Lomond would like to have a development agreement with the purchaser within 12 months of the possession date, and development starting within a year of that date. This is a unique opportunity for a buyer looking for good street/highway and traffic access. The village is located 43 minutes north of Coaldale, and has recreational areas such as Little Bow Provincial Park, Badger Lake, and McGregor Lake all within 20 minutes. *Note that the 2025 property tax amount is only an estimate. Property tax amount will change once the property has zoning changed. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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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).
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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 30, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.