Waterways Real Estate

Welcome to Waterways, a hidden gem nestled within the vibrant Wood Buffalo region of Alberta. This charming community offers a unique blend of natural beauty and modern living, making it an ideal place for families, professionals, and nature enthusiasts alike.

Waterways is characterized by its stunning landscapes, lush greenery, and proximity to the picturesque Athabasca River. Residents can enjoy a variety of outdoor activities, from leisurely strolls along scenic trails to exhilarating water sports in the summer months. The community's commitment to preserving its natural surroundings ensures that the area remains a tranquil oasis, perfect for those looking to escape the hustle and bustle of city life.

Families in Waterways benefit from a tight-knit community atmosphere, where neighbors become friends and children can play safely outdoors. The area is served by excellent educational facilities, providing a nurturing environment for young minds to grow and thrive. Additionally, local parks and recreational facilities offer ample opportunities for sports, picnics, and community events, fostering a sense of belonging and camaraderie.

Conveniently located just a short drive from Fort McMurray, Waterways residents have easy access to urban amenities, including shopping, dining, and healthcare services. This perfect balance between serene living and urban convenience makes Waterways an attractive option for those seeking a peaceful lifestyle without sacrificing accessibility.

Discover the charm of Waterways, where nature meets community spirit, and find your dream home in this idyllic Alberta locale. Embrace the opportunity to create lasting memories in a place that truly feels like home.

Newest Listings in Waterways

$1,995,000

4 Beds ⋅ 5 Baths ⋅ A2340299 MLS® #

This stunning custom-built home, meticulously crafted by Blu Boy Framing, is set at a 255-meter elevation. The property seamlessly blends modern amenities with unparalleled craftsmanship, offering a luxurious living experience on 27 expansive acres that back onto a beautiful nature reserve, providing breathtaking views and a tranquil backdrop. Step inside to discover an oversized living space featuring slate stone flooring, high ceilings throughout, and expansive windows that flood the area with natural light, creating an airy and spacious ambiance. A cozy wood stove adds a touch of rustic charm. Continue to the impressive kitchen, where attention to detail is evident in the custom Kitchen Craft cabinetry, quartz countertops with a secondary prep sink in the island, and a tiled backsplash with a convenient pot filler. The kitchen boasts high-end appliances, including a Capital 6-burner stovetop with a central griddle, dual ovens, a Miele refrigerator, and a Miele dishwasher. The very large walk-through pantry is designed to accommodate stand-up freezers and features floor-to-ceiling shelving. Head toward the bedroom wing of the home to relax in your spacious primary bedroom with custom wainscotting, a massive walk-in closet with custom cabinetry, and a marble surround gas fireplace, offering stunning views. The spa-like ensuite is your personal retreat, featuring a soaking bathtub, an oversized tiled shower, and a dual sink vanity with a quartz countertop. The main floor also boasts a large secondary bedroom with built-ins, its own ensuite, and a walk-in closet. Additionally, there's a main floor office perfect for working from home, which can also serve as a third upstairs bedroom. The main floor is completed with a 2-piece powder room, a laundry room, and a mud room leading to an oversized attached quadruple garage (44'10" x 55’1”), measuring 1,862 SF. In-floor heating can be found throughout, offering warmth and comfort. Head down to the basement to discover acid-stained flooring, 10-foot ceilings, another large bedroom with a walk-in closet, a four-piece bathroom, and another den. The spacious family room is perfect for cozy movie nights. The basement also includes a 1bdrm non-conforming suite that adds versatility, providing space for a nanny or intergenerational living. The detached 40x80 shop is a haven for hobbyists and professionals alike, featuring in-floor heating, spray-foam insulation with a fire-retardant coating, and a wood stove. It has two 14-foot overhead doors with make-up heaters and a 25x80 lean-to. With 8-10 acres of flat, sub-dividable land and a private driveway secluded from Draper Road, this property offers a unique acreage living experience. Despite its tranquil setting, it's conveniently located less than 10 minutes from downtown and close to amenities. Don’t miss the opportunity to own this exceptional home!

5747 Draper Road, Wood Buffalo

Courtesy of The Agency North Central Alberta.

$675,000

A2326078 MLS® #

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY! OVER 30,000 SQ FT CORNER LOT. C1 ZONING. FULLY SERVICED. HIGH VISIBILITY LOCATION.Exceptional opportunity to acquire an OVER 30,000 SQ FT CORNER LOT in one of Fort McMurray's growing commercial areas. This FULLY SERVICED property includes WATER, SEWER, AND POWER and is zoned C1, offering tremendous flexibility for a wide variety of COMMERCIAL USES.Whether you are looking to CUSTOM BUILD, bring in a READY TO MOVE STRUCTURE, or develop an INVESTMENT PROPERTY, this site provides endless possibilities. The strategic location, surrounded by PARKS AND GREEN SPACE, offers excellent exposure, accessibility, and long term growth potential.With services already in place and a COMPETITIVELY PRICED asking price, this property presents an outstanding opportunity for INVESTORS, DEVELOPERS, AND BUSINESS OWNERS looking to establish or expand their presence in Fort McMurray.Rarely do parcels of this size and zoning become available. Secure this PRIME DEVELOPMENT SITE and bring your vision to life.

7428 Bulyea Avenue, Wood Buffalo

Courtesy of RE/MAX Connect.

$149,900

A2323441 MLS® #

COMMERCIAL DEVELOPMENT OPPORTUNITY | BUILD-TO-SUIT AVAILABLE! Welcome to 7310 Bulyea Avenue, a 5,625 sq. ft. C1-zoned commercial lot ideally located in the growing community of Waterways. Whether you're an entrepreneur, investor, or business owner looking to establish a presence in Fort McMurray, this affordable commercial parcel offers exceptional potential with a variety of permitted and discretionary uses under its current zoning. Situated just steps from the Clearwater River and surrounded by a mix of residential and commercial development, this property provides excellent visibility, accessibility, and future growth potential. The seller is willing to consider build-to-suit opportunities, allowing purchasers to customize a building and site layout tailored to their business needs. Whether you're envisioning office space, retail, professional services, personal services, or another commercial venture, this property offers the flexibility to bring your vision to life without the challenges of finding an existing building that fits your requirements. Waterways continues to evolve as one of Fort McMurray's most unique communities, benefiting from ongoing redevelopment, proximity to downtown, and easy access to Highway 63. Commercial land opportunities at this price point are becoming increasingly difficult to find, making this an attractive option for businesses seeking ownership rather than leasing, as well as investors looking to secure land in a developing area with long-term upside. Take advantage of this rare opportunity to own affordable commercial land and position your business for future success in Fort McMurray.

7310 Bulyea Avenue, Wood Buffalo

Courtesy of EXP REALTY.

$59,900

A2323439 MLS® #

Build Your Dream Home in Waterways! Welcome to 125 Pearson Drive, a good opportunity to secure a vacant residential lot in one of Fort McMurray's most unique and established communities. This 3,282 sq. ft. lot offers the perfect setting to design and build a custom home tailored to your lifestyle, surrounded by quality homes on a quiet residential street. Whether you're envisioning a modern family home, an executive-style residence, or an investment property, this lot provides the flexibility to bring your vision to life. Located in Waterways, you'll enjoy a community known for its custom homes, unique character, and convenient access to downtown Fort McMurray. Build-to-suit opportunities may be available, allowing buyers to work directly with a builder to customize floor plans, finishes, and layouts to suit their individual needs. This is an excellent opportunity to secure land and build exactly what you've been looking for in the growing community of Waterways.

125 Pearson Drive, Wood Buffalo

Courtesy of EXP REALTY.

$56,900

A2323426 MLS® #

Build Your Dream Home in Waterways! Welcome to 7204 Bulyea Avenue, a 5,625 sq. ft. residential lot located in one of Fort McMurray's most unique and growing neighbourhoods. Zoned R1M, this property offers the opportunity to design and build a custom home tailored to your lifestyle, whether you're envisioning a modern bungalow, a spacious two-storey residence, or a home with ample garage and parking space. Surrounded by established homes and just moments from the Clearwater River, walking trails, and green space, Waterways offers a lifestyle that blends nature, community, and convenience. With plenty of room to create your ideal home and outdoor living space, this lot presents an excellent opportunity for homeowners, builders, and investors alike. Build-to-suit opportunities may be available, allowing buyers to work with a builder to create a home designed specifically for their lifestyle and budget. For investors and developers, there may also be potential to pursue higher-density residential development through rezoning, subject to approval by the Regional Municipality of Wood Buffalo. For those seeking additional space and development potential, the neighbouring corner lot at 7202 Bulyea Avenue is also available, creating the rare opportunity to combine both parcels into an approximately 11,250 sq. ft. development site.

7204 Bulyea Avenue, Wood Buffalo

Courtesy of EXP REALTY.

$69,000

A2323423 MLS® #

5,625 sq. ft. CORNER lot located in one of Fort McMurray's most unique and growing neighbourhoods. Positioned on a prominent corner, this property offers added flexibility for site design, enhanced curb appeal, and excellent access for future development. Zoned R1M, this lot provides the opportunity to build a custom home tailored to your needs, whether you're envisioning a modern bungalow, a spacious two-storey residence, or a home with extensive garage and parking options. Surrounded by established homes and just moments from the Clearwater River, walking trails, and green space, Waterways offers a lifestyle that blends nature, community, and convenience. Build-to-suit opportunities may be available, allowing buyers to work with a builder to create a home designed specifically for their lifestyle and budget. For investors and developers, there may also be potential to pursue higher-density residential development through rezoning, subject to approval by the Regional Municipality of Wood Buffalo. Buyers are encouraged to conduct their own due diligence with the municipality regarding future development possibilities and permitted uses. For those seeking additional space and development potential, the neighbouring lot at 7204 Bulyea Avenue is also available, creating the rare opportunity to combine both parcels into an approximately 11,250 sq. ft. development site.

7202 Bulyea Avenue, Wood Buffalo

Courtesy of EXP REALTY.

$399,000

A2300920 MLS® #

29.8 Acres of vacant land within minutes of downtown Fort McMurray! Located on Draper road on the corner of Garden Lane & Draper. The land has been cleared and is generally level. Zoned SH-Small Holdings District LUB; permitted uses include : Single detached dwelling, mobile home, agriculture-personal use, Public Utility, home business-minor, and numerous discretionary uses such as Home Business, major, Agriculture-off-site sales, bed & breakfast, religious assembly just to name a few. There is excellent access to the site via Draper Road and Garden Lane plus there is power and gas close by. Situated in this beautiful setting this property has lots of potential! Take advantage of this rare 29.8 Acre opportunity!!

3136 Draper Road, Wood Buffalo

Courtesy of COLDWELL BANKER UNITED.

$799,900

A2155601 MLS® #

Located in the heart of Water Ways and adjacent to a massive city park is a perfect opportunity whether you need a commercial space or if you wanted a massive Residential lot. The zoning on this lot is DC (Direct Control District). Formerly this lot was a mobile home park that has service connections for 18 different lots. Call now for more information.

9304 Mccormick Drive, Wood Buffalo

Courtesy of ROYAL LEPAGE BENCHMARK.

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