Unreserved Timed Real Estate & Farm Auction for Greg Iwasuik    21FE

Real Estate      
NW34-53-10-W5 90.02 ± acres21FE0001-001

This item is "Unreserved" and sells to the highest bidder.

Located on south shore of Chip Lake

Moores Agri-Trade Ltd.Realtor Info:
Moores Agri-Trade Ltd.
Cathy or Trent

View PDF of Realtor Information Package

A property boundary realignment is in process around the acreage that has been subdivided from this parcel. This is to make the property boundary match the current fenceline and ensure the driveway is shared. The NW34-53-10-W5 is currently 90.02 acres but due to this property boundary realignment this may be reduced by just under 1 acre. This will be updated when realignment is finalized.

Property Directions: 53526B Range Road 102A From overpass at Highway 16 / Highway 22 (at Entwistle) on Highway 16 go west 26 km (past Wildwood) to Range Road 102A, turn north (right) onto Range Road 102A, continue 0.85 km on Range Road 102A to driveway on west (left) side of road. The driveway is shared to the entrance of acreage.

  • 90 acres located on the south shore of Chip Lake. This farm has a 4 bed 2 bath home with full, partially finished basement, attached heated double garage, heated shop, pole shed with sliding door, barn, wood corrals, waterer and chicken coop. An “Emprye” coal/wood boiler set up outside provides hot water heat to home, garage & shop. Annual surface lease revenue $5640


  • 4 bedroom 2 bath bungalow built approx 1975 (square footage of home is being verified)

Main Floor:

  • 2 bedrooms (larger master & a smaller bedroom that could be office or large pantry),
  • 4 pce bathroom (renovated approx 7 years ago with new window, tub, toilet sink, vanity and taps),
  • Kitchen has wood cabinetry & tiled backsplash. Dishwasher is approximately 3-4 years old. White cabinets (not built in) are excluded.
  • Large open floor plan living room dining atea features a large rock faced wall with a wood burning insert fireplace. There are large picture windows on both ends of living room. One of these windows was replaced with vinyl window. The other picture window on front of home is original wood window and has large crack.
  • Garden doors, entry doors and large living room windows were new in approx 2005-2006.


  • Family room, 2 large bedrooms, storage/mechanical room, cold room, laundry room with central vac, 3 piece bath with shower. Washer & dryer are only a couple of years old.


  • Composite siding, plywood soffits, eave troughs. Back deck was added approximately 2005-2006.
  • Gazebo ( & cover) on deck is not included.
  • Garage - attached to home, lined and insulated, concrete floor, overhead heater (water heat from outside boiler)
  • Driveway was recently gravelled.
  • Garden spots.


  • Bell & siphon septic - tank at southwest corner of home. Discharge to southwest of home.
  • Natural Gas, Phone, Water well ( new pump approx 5 years ago) located in wishing well in front of house.
  • Hot water tank (natural gas). pressure tank in mechanical room in basement.
  • There are 2 furnaces - one natural gas and one that is run by hot water heat from outside boiler.
  • Hot water heater was installed approx 6 years ago. This hot water heater had been in stock at store for several years prior to purchase & install.

Terms & Conditions

  1. UNRESERVED: The seller has agreed to accept the highest bid regardless of price. Property(s) will sell to the highest bidder without minimum Or reserve.
  2. AGENT OF THE SELLER: Real Estate Brokerage (Moores Agri-Trade Ltd.) acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability Or value of the property.
  3. NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon.
  4. It is the RESPONSIBILITY OF ALL BIDDERS to review all information provided, including "Property Information Package" from the Real Estate Brokerage and the terms of this auction. All information provided is meant as a guide only. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding.
  5. GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
  6. DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer.
  7. PURCHASE CONTRACT: The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer’s conditions.


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Real Estate Unreserved Timed Real Estate & Farm Auction for Greg Iwasuik – Near Wildwood, AB, Jun 7, 2021