1 / 5
Investment signal

$85,000

905 Lilac Court

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort Macleod. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent building opportunity in the growing community of McLeod Landing in Fort Macleod. Situated on a quiet cul-de-sac, this fully serviced residential lot is ideally suited for builders, investors, or developers looking to capitalize on strong demand for newer housing in a well-established neighbourhood.Surrounded by modern homes and quality development, this lot offers attractive resale potential and appeal to future homeowners seeking a peaceful small-town lifestyle within commuting distance to Lethbridge. Municipal services are available at the property line, helping streamline the building process and reduce development timelines.Whether constructing a spec home, revenue property, or custom build, this property presents a solid investment opportunity in an expanding residential area with continued growth potential. The property is subject to a standard Development Agreement with the Town of Fort Macleod, outlining timelines and minimum building requirements for a single family dwelling. Buyers are encouraged to review municipal requirements to confirm suitability for their intended build. A house plan for the lot has been completed and may be included with the purchase of the lot. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
7,187 square feet
Lot dimensions
7187.00
On market
Feb 26, 2026
Status changed
Apr 24, 2026
Annual tax
$0 (2025)
Zoning
R
Photos
5
MLS#
A2288639
Area
FORT_MACLEOD

Features and systems

Lot

Level
Positive cash flow ~$1,710/mo at these assumptions

Cash on cash

120.72%

Cap rate

29.01%

GRM

3.0

Break-even rent

$600

Financing

Down payment$17,000
Loan amount$68,000
Mortgage$345/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$39
Insurance$80
Maintenance$71
CapEx reserve$35
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $345/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.