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Larson Lake Ranch & Lakefront property
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This is a RARE, and UNIQUE property along the shores of Larson Lake in the RM of Spiritwood. Family home built in 2019 with 1730 sq ft, 4BD, 3BA, ICF basement, main floor laundry, central A/C, forced air propane furnace, wood stove, air exchanger, radon filtration, greenhouse, garden and so so much more….this home is extremely well built and is move in ready. Upper and lower decks facing east and overlooking the lake and is a must see. The home quarter also features 36X48 heated shop, 48X96 cold storage, barn, insulted tack shed with power. All steel gates and panels are negotiable. Across the lake you will find 2 waterfront rental cabins. These cabins provide additional revenue you can check their website at www.wilkofarms.com. Land included with this sale is 2580.04 of titled acres, 11.94 of lease (subject to transfer approval through government of sask Ag) all the land is conveniently in a block and close to home making rotational grazing simple and efficient, all fence and cross fence in good condition and is ready for your cow/calf operation to relocate with ease. Seller states 200-250 cow/calf pr is easily maintained on the current acres, with enough hay for feed. Whether you are a multi family operation needing more than one residence, a livestock company looking to expand with extra revenue with the rental cabins, and a home for your hired hand, an outfitting company looking for the ideal location for hunting wild game and birds, fishing as well as many other opportunities, or maybe you are wanting to re-locate and live on a quiet lake, with nature surrounding you look no further, this property has it all. Total land taxes $9966.00. Sellers would consider selling the two rental cabin quarters and the access quarter separately (SE,SW,NW-26-49-10-W3) or would consider keeping the 3 quarters with the waterfront cabins if a Buyer didn’t want those in the package. Call for more information. (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
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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
-6.15%
Cap rate
3.63%
GRM
16.7
Break-even rent
$36,469
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.
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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 18, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.