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#219 162 PEACE RIVER AV
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Rural Big Lakes M.D. · Single Family · under $650,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Tucked into the sought-after recreational community of Redsky near Joussard, Alberta, this luxurious four-season lake retreat offers the perfect blend of relaxation, recreation, and upscale comfort. Just steps from the lake and surrounded by walking trails, tennis courts, and a brand-new marina currently under development, this vibrant bare land condo community comes alive in the summer with boating, campfires, and endless outdoor adventure. The drive in feels like you’re leaving the hustle behind, only to arrive at a hidden lakeside gem buzzing with excitement, nature, and community spirit. Built in late 2015 on a beautifully landscaped and fully fenced 11,800 sq ft lot tucked into a quiet cul-de-sac, this meticulously maintained bungalow offers just under 1,000 sq ft above grade plus a full 5-foot ICF concrete basement for incredible storage and functionality. From the moment you walk inside, the soaring 17-foot vaulted ceilings, floor-to-ceiling wall of windows, and stunning lake-facing views. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | — | |
| Dining room | — | |
| Kitchen | — | |
| Primary Bedroom | — | |
| Bedroom 2 | — | |
| Laundry room | — |
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 May 23, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.