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386 11355 twp 640 Road
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Rural Lac La Biche County · Single Family · under $200,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Looking for a cute and rustic cabin in the woods? Want to be close to the boat launch yet have a very private yard for you to relax in? Ready to take on a project and make this cabin your home sweet cabin?? Potential awaits here! This 4 bedroom cabin offers 2 kitchens and bathroom space. Located on 1.38 acres of beautifully landscaped yard with mature trees and fruit bushes, this cabin would work well for a multi family get away! Plenty of space for your lake toys in the garage and plenty of space for all your quests in the outfitters shack set up as a cooking hall! There is no shortage of room at this acreage - Just steps away from the beautiful sandy beaches of Fork Lake. Truly a must see! Please note that the cabin is not connected to water and septic services however there is a 1800gal cistern in the ground currently collecting rain water and a 1000gal septic collecting grey water from the kitchen in the rec room. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.42 Ft x 8.17 Ft | |
| Primary Bedroom | 13.42 Ft x 11.42 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.00 Ft | |
| Living room | 11.25 Ft x 18.17 Ft | |
| Eat in kitchen | 13.25 Ft x 11.17 Ft | |
| Other | 11.67 Ft x 7.67 Ft | |
| Pantry | 11.67 Ft x 7.42 Ft | |
| Recreational, Games room | 15.00 Ft x 15.00 Ft | |
| Bedroom | 9.67 Ft x 10.17 Ft |
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
40.86%
Cap rate
13.04%
GRM
6.1
Break-even rent
$1,146
Financing
Operating expenses (monthly)
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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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 22, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.