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Welcome to McGregor Estates – Lake Life Without Compromise! This incredible lot offers more than just a place to build – it’s your gateway to a lifestyle that outshines the competition. Priced well below comparable lots in Little Bow or Pine Coulee McGregor Estates offers unmatched value thanks to its thoughtfully planned community and top-tier amenities. McGregor Lake offers a year-round community centre complete with indoor/outdoor pools, a hot tub, fitness facilities, and gathering spaces. Love the water? McGregor Reservoir consistently maintains higher water levels than other lakes during dry years, thanks to its irrigation outflow system. That means dependable boat access all season long. Plus, with the only other launch located at the far north end by the provincial park, boat traffic in front of McGregor Estates is significantly reduced—meaning calmer waters, fewer waves, and more room to surf, paddle, and relax.This particular lot is a standout with: Prime design potential thanks to a wide front footprint—ideal for garage and off-street parking (street parking not permitted in the community). Unique layout advantages, including a public walkway beside the lot that allows for proper egress windows in basement bedrooms—something many other lots can’t offer. Easy access for lake toys: a cul-de-sac-style loop in front makes maneuvering a boat trailer a breeze.Bonus: Across the street, Thompson Homes.—a respected local custom home builder—has already brought several beautiful homes to life here, including two nearby listings in the ~$375K range.If you're thinking of building your dream lake home, this is the opportunity you've been waiting for—better amenities, better water conditions, less crowding, and far more value than other surrounding lakes. Come see why McGregor Estates is the lake community that truly delivers! (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).
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 Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.