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274032 TWP ROAD 480
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Rural Wetaskiwin County · Recreational · under $700,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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PERFECT RETREAT from city life! 12.6 Private Acres SURROUNDED BY FOREST with a gated entrance. Located on a QUIET ROAD NEXT TO WIZARD LAKE, less than 40 minutes from Edmonton. Over 4000sq.ft. SHOP is ready for your projects and sectioned into multiple different spaces. 24x48 with Hoist, FULL BATHROOM and heated with furnace. 32x56 with DUAL RADIANT TUBES plus a woodstove & HIGH CEILINGS. 16x48 Cold Storage and 24x16 covered storage that could be closed in. LOTS OF POWER and room to expand. HEAVY DUTY GRAVEL YARD stays clean in wet weather and is well set up for equipment. 528 sq.ft. SEASONAL CABIN WITH SUMMER KITCHEN, private bedroom and wood stove for heat COMES FULLY EQUIPPED and ready to use. Large deck and some nice open spaces are GREAT ALL SUMMER. Small Wood shed adjacent. 16x16 Storage shed for the extra items. HIGH PRODUCING ARTESIAN WATER WELL has endless water. Septic tank and discharge on site. Zoned Country Residential with UPSIDE DEVELOPMENT POTENTIAL. Prime Property is ONE OF A KIND! (id:65958)
Main level
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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 Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.