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Fort Macleod · Vacant Land · under $125,000. Alerts only send when there are new or meaningfully updated matching homes.
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The only residential lot currently available in Macleod Landing.This fully serviced, oversized cul-de-sac lot is ideally positioned in Macleod Landing, Fort Macleod’s premier new residential development, and is ready for a custom single-family build. Located at the end of a quiet street and surrounded by quality new homes, the setting offers and a strong sense of community.Macleod Landing is a thoughtfully planned subdivision featuring a mix of residential, commercial, and multi-family development, with the residential phase now fully built out, making this a rare opportunity to secure a lot in an established, growing neighbourhood.The Town of Fort Macleod offers a welcoming small-town atmosphere with approximately 3,000 residents, while providing essential amenities including schools, healthcare services, recreation facilities, shopping, and dining. Known for its rich history, strong local economy, and proximity to Lethbridge, Fort Macleod continues to attract families, professionals, and builders alike.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, including minimum dwelling size and an attached double garage. Buyers are encouraged to review municipal requirements to confirm suitability for their intended build.An excellent opportunity for a builder or end-user looking to secure the final available lot in this sought-after development. (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).
Cash on cash
97.56%
Cap rate
24.38%
GRM
3.5
Break-even rent
$690
Financing
Operating expenses (monthly)
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Approximation 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.
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 Jan 21, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.