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Lockwood Acreage
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Escape to the peace and privacy of country living with this affordable acreage ideally located between Nokomis and Drake, and within easy reach of Watrous and Lanigan. Situated on nearly 40 acres, this rare property offers space to enjoy, room for hobby farming, or simply a quiet retreat from the hustle and bustle. The well-maintained 1½-storey home, originally built in 1940, has been lovingly cared for over the years. A welcoming covered veranda sets the tone as you arrive. Step inside through the spacious porch, complete with a closet and wood fireplace, before entering the bright kitchen and dining area. Just off the dining room, the cozy living room provides a comfortable place to gather and relax. The main floor also features a primary bedroom and a 4-piece bathroom with convenient main-floor laundry. Upstairs, you’ll find two additional bedrooms along with a versatile flex space and extra storage. Several updates have been completed over the years, including some windows, paint, flooring, light fixtures, and a brand-new washing machine. The basement provides additional storage space and houses the utility area. Heating is supplied by propane, with electric baseboard heaters available for supplemental warmth in individual rooms if desired. Outside, the mature treed yard offers a quaint and peaceful setting. Portions of the yard are fenced with page wire, making it suitable for animals or pets. Outbuildings include a recently renovated barn/shed, a second barn that is in need of demolition, and an ATCO trailer currently being used as a hen house. Water can be supplied from the dugout or hauled from a nearby well. Whether you’re looking for an affordable acreage, a hobby farm opportunity, or simply a place to enjoy country living, this property offers plenty of potential and space to make it your own. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Enclosed porch | 9.6 × 9.8 feet | |
| Kitchen/Dining room | 17 × 11.6 feet | |
| Living room | 11.2 × 11.4 feet | |
| Primary Bedroom | 14.7 × 9.2 feet | |
| 4pc Bathroom | 11.1 × 7.6 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.1 × 7.8 feet | |
| Bedroom | 7.6 × 8.1 feet | |
| Bonus Room | 13.8 × 12.3 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
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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 5, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.