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4518 LAKESHORE RD
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Rural Parkland County · Single Family · under $1,200,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Lakeview Land Bank — 60 Acres One Parcel Off Lake Wabamun. Positioned just behind the lakefront with elevated views, this nearly 60-acre holding offers rare future view lot potential in a tightly held corridor. Secure usable land now for subdivision or long-term appreciation in one of the region’s most desirable lake areas. The 2013-built 1362 sq ft bungalow features vaulted ceilings, gas fireplace, and a full-height 9' basement ready for completion. Two creeks, rolling terrain, and established trails create immediate recreational appeal. A 1200 sq ft shop with oversized doors, 22' x 22' garage, and partially serviced campground support multi-family use, equine interests, or business flexibility. Natural topography and access support future planning, while existing services allow immediate enjoyment without major upfront cost. Zoned Agricultural near Lake Wabamun, this is a strategic land hold with lifestyle upside—use it now and unlock full value over time. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 3 | 3.7 × 3.7 meters | |
| Bedroom 4 | 3.5 × 3.5 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.65 × 5.2 meters | |
| Dining room | 4.2 × 3 meters | |
| Kitchen | 3.6 × 3.75 meters | |
| Primary Bedroom | 4.1 × 3.4 meters | |
| Bedroom 2 | 3.35 × 2.85 meters | |
| Laundry room | 1.63 × 2.25 meters |
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
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,756
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.
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 Apr 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.