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Lakeview Terrace
homes for sale · Buffalo Pound Lake
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$998,000

Lakeview Terrace

Buffalo Pound Lake · MLS® SK035912

258 sq ft lot · Land · Vacant Land · 163 days on market

listed by Darren Bostock, Global Direct Realty Inc.

realtor's description

Investment Summary: Buffalo Pound Lake Development with 257 - Acres of Prime Lake property opportunity. This exceptional parcel on the southwest shore of Buffalo Pound Lake offers a rare combination of proven sales velocity, existing infrastructure, & significant expansion potential. Whether as a legacy holding or an active development project, the groundwork for success has already been laid. Development Status Phase One: Proven Market Demand · Total Lots: 13 Subdivided lots. · Sales Success: 12 of 13 lots sold. · Average Sale Price: $86,500 per lot. · Inventory: 1 remaining lot (previously listed at $59,000). Phase Two: Immediate Growth Potential · Expansion: Planned 8-lot phase. · Due Diligence: Preliminary geotechnical work & surveys completed (2017). · Access: Designated land for future secondary road access directly from Sand Point Road. Infrastructure & Logistics Ready-to-Build: Power & gas mains are already located within the development, significantly reducing upfront capital requirements & technical barriers for future phases. · Proximity: Easy driving distance to Regina and Moose Jaw, making it an ideal location for both seasonal retreats & permanent residences. · Additional Income Source: Approximately 33 acres of cultivated farmland currently rented out, providing holding income while development planning progresses. Why This Opportunity? Feature Benefit, Proven Track, Record 92% of Phase One lots sold, validating buyer demand. Reduced Risk Utilities on-site & preliminary geotechnical studies already performed. Scalability 265 total acres allows for substantial long-term master planning. Information is believed to be accurate but is not guaranteed & is subject to change without notice. Purchasers should independently verify all information, including lot sizes, servicing, development potential, approvals, zoning, & income opportunities. Past sales performance is not necessarily indicative of future results. Buyer due diligence is strongly recommended.

property details

type
Land, Vacant Land
lot
258 sq ft
parking
0
property tax
$1,674 / yr
days on market
163
MLS®
SK035912

features

  • Treed
  • Recreational

monthly cost

$4,488/mo
Mortgage $4,348 · Tax $140

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,348/ monthly
loan $798,400
25-year amortization
total interest
$506,057
cash to close
$199,600
down payment; transfer tax and fees not included
total paid
$1,304,457

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Buffalo Pound LakeGoogle Maps ↗

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listed by
Darren Bostock
Global Direct Realty Inc.
call Darren · 306-351-3900
Powered by: REALTOR.ca

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location

Buffalo Pound LakeGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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309-310 Daniel DRIVE, Buffalo Pound Lake, photo 4
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507 Tatanka DRIVE, Buffalo Pound Lake, photo 3
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