I've lived in both Sundance and Midnapore, currently live in Mckenzie Lake. The lake is nice to have and it's relatively cheap annually, we play $270 a year in fees. I really like Lake Midnapore, I think it's the nicest out of the three from a layout perspective. It's been 20+ years since I've been so it may have changed a bit. I don't really see any cons from living in a community with a lake. Skating, fishing, swimming whenever you want is always nice.
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