We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Good Lake Rm No. 274 · Vacant Land · under $100,000. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Don't miss this excellent 7-acre subdivided parcel near Good Spirit Lake. The sale is subject to subdivision, which has already been fully approved. According to the seller, power runs along the road and shallow well water is possible on the lot. This 7-acre property is located just half a mile from Canora Beach Resort at Good Spirit Lake. It features natural tree cover that provides excellent privacy and a scenic setting, along with a mature windbreak on the north side for added shelter. Convenient access is available from an all-weather road, ensuring easy year-round travel. Power is located adjacent to the road, and water can be accessed via a shallow well. These services make the property practical and cost-effective for development. Whether you are looking to build your dream home or create a revenue-generating property with rental cabins, this acreage offers strong potential in a popular lake destination. Call today for more information. Property Highlights: 7-acre subdivided acreage Approximately 0.5 miles from Canora Beach Resort Located at Good Spirit Lake All-weather road access Power runs along the road Shallow well water is possible Naturally treed with a mature north-side windbreak Ideal for a private retreat, year-round residence, or revenue property (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
141.66%
Cap rate
33.20%
GRM
2.6
Break-even rent
$538
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 Apr 29, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.