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400 Lakeshore DRIVE
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*MOTIVATED SELLERS!* ONE-OF-A-KIND PRIME DEVELOPMENT OPPORTUNITY on OVER 10 ACRES of LAKEFRONT PARADISE on Last Mountain Lake! This stunning property offers not only a breathtaking 270 degree lake view lifestyle, but also exceptional potential for subdivision and development. Whether you are a buyer looking for a private retreat or a developer seeking to create multiple lakefront lots, this is a rare chance to own prime real estate with about 2,100 feet of approximately 60 foot wide sandy beach. At the heart of this incredible acreage sits a spacious 2,272 sq. ft. CUSTOM BUILT bungalow, crafted with the highest quality materials with wheelchair accessible wide doorways and hallway, and triple pane low-E windows, to striking aluminum/copper roofing. The home is designed with versatility in mind, featuring a home office and a craft room that can be tailored to fit any lifestyle. A new furnace was installed in September 2022, and a new electric water heater was installed in November 2025 ensuring year round comfort. Outdoor living is elevated by a massive deck overlooking the beautiful lake, perfect for relaxing or entertaining family and friends. Out here, you’ll also find the boathouse. Equipped with a concrete floor and an innovative 200 ft. built in track system, easily store and launch the 30 ft. Harris Pontoon boat with the push of a button, safely docking alongside 80 feet of aluminum dock. Completing this exceptional package is a heated four car garage/shop to house all your toys. Included in the sale are a 2011 30ft Harris Pontoon boat, Polaris Ranger side by side, Husqvarna riding mower, & 2008 Caterpillar 289C compact loader w/ attachments, making this a turnkey opportunity. This property offers endless possibilities. Don’t miss your chance to invest in this exclusive, hard to find, lakefront acreage! Ask your REALTOR® for more details and to book a showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Sunroom | 17 × 19 feet | |
| Dining nook | 10.3 × 11.7 feet | |
| Other | 6.1 × 9.11 feet | |
| Laundry room | 9.7 × 7.3 feet | |
| 3pc Bathroom | 5.11 × 6.2 feet | |
| Office | 11.1 × 9.7 feet | |
| Living room | 14.2 × 17.7 feet | |
| Dining room | 18.2 × 7.6 feet | |
| Kitchen | 11.8 × 16.6 feet | |
| Other | 12.6 × 9.5 feet | |
| Bedroom | 12.5 × 11.3 feet | |
| Primary Bedroom | 13.5 × 14.5 feet | |
| 3pc Ensuite bath | 11.3 × 9.1 feet |
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
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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.
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.