Real Estate Auction - Multiple Consignors 24GK
Open House: Jun 15 — 1 PM to 3 PM / Jun 22 — 1 PM to 3 PM
26.98± Acres with House, Large Shop and Outbuildings
This 26.98± acre property is located just 4 minutes north of Edson on paved Hwy 748N.
Auction begins in :
***Equipment will be sold by Team Auctions, in a separate dispersal sale July 5 to July 8. ID code for the dispersal sale is 24GJ***
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Property Summary:
- Legal Description
- Plan 1125029 Blk 1 Lot 4
- Size
- 26.98± acres
- Property Taxes
- $2,893.11 (2023)
- Property ID
- 24GK37001-001
- Municipal Address
- 54004 Hwy 748 N
- Municipality
- Edson, Yellowhead County, AB
- Neighbourhood
- Edson
- Title
- Fee Simple
- Land Use Zoning
- Rural
- Deposit
- $50,000
- Possession
- Aug 7, 2024
Supporting Documents:
Property Information Package (PDF)
Property Detail:
Property Type
Agricultural / Residential
Building Type
Detached Single Family
Garage
Triple Garage Attached
In-floor heat, 3 overhead doors, boot wash area, interior access from both main and basement floors.
Parking
Front Drive Access, Off Street, Over Sized, Parking Pad Cement/Paved, Concrete parking pad for garage.
Property Influences
- Landscaped
- Private Setting
Property Structures
- Greenhouse
- Shop
- BeachComber Hot Tub
Property Notes
Zoned as Rural District it has great potential for a hobby farm. Situated in a beautiful country setting, it is ideal for horses, or other livestock. The home has the WOW factor.
The house boasts vinyl tile/planking throughout most of the home. The main floor features a stylish kitchen with oak cabinetry, granite countertops, a raised breakfast bar, a bright dining nook, and a formal dining room, spacious entry, living room with cathedral ceiling, and there is also a front office/bedroom, a master bedroom with an ensuite (vanity with 2 sinks and walk in shower) and walk-in closet, a second bedroom, a laundry/sewing room, and both a 4-piece and a 2-piece bathroom, and garage access.
The full walk-out basement includes a large family room with a wood stove and a patio door leading to firewood storage and the yard. There are built-in oak cabinets, a kitchen/dining area with oak cabinets, two bedrooms, an office, a 4-piece bathroom, and a utility room with laundry hook-ups and garage access.
The property is landscaped, fenced, and cross-fenced for livestock. Two smaller paddocks are fenced for sheep. Note: the east portion of the north property line remains unfenced in the open pasture area. There are small dugouts in these paddocks. The south pasture was cow pasture and has in the past been used for hay production.
The newly constructed 40x80 shop on the property features in-floor heating (wood boiler) and a backup natural gas furnace, along with a sunshine overhead door. This space is perfect for working on projects and storage. Potential man cave is located in the mezzanine level – great spot for gathering with friends. Lean-tos on each side of the shop provide additional storage space, with one end of the south lean-to being enclosed and equipped with an overhead door.
Other buildings on the property include a chicken coop, two greenhouses, and a garden shed with an overhead door and wood storage and outdoor wood boiler.
This property has too many features to list and is a must-see for anyone interested in a country lifestyle.
Home Detail:
Basement
Full Basement, Full Finish, Walkout Basement, 2 bedroom suite with 2 bonus rooms, full kitchen, 4pc bath, living area with woodstove.
Additional Home Detail
Regarding the suite in basement - Yellowhead County planning (780-723-4800) has indicated that short term accommodations including Air Bnb, a permit is required. Long term rental use does not require permit and it is recommended that a second address be applied for the suite. If you are planning on renting the basement suite contact Yellowhead County Planning and discuss your options.
Upgrades
- Basement was updated approximately 6 years ago with vinyl planking. Shingles were replaced in approximately 2013. Main floor saw a number of updates approximately 1.5 years ago - vinyl planking installed, interior doors were replaced, and main floor walls were painted. Main floor fridge is approximately 3 years old and stove is between 5 & 6 years old. Washer is 2 years old. Main 4 piece bath has ceramic tile floor.
Goods Included
Dishwasher-Built-In, Dryer, Hot Tub, Oven-Microwave, Refrigerator, Stove-Electric, Washer
Additional Property Info
THE SHOP
- Construction started approximately 5yrs ago
- The south lean-to has a 20 ft x 40 ft enclosed shop with 220 wiring and manual overhead door. The balance of that side is open lean-to.
- 40 ft x 80 ft with 11 ft 10 inch x 80 ft open lean-to on the north side and 20 ft x 80 ft lean-to on the south side
- Concrete floor
- In-floor heat (outdoor "HEATMOR" wood boiler) with glycol in lines. There is back up forced air furnace for those times when you are away.
- OSB lined and insulated
- Clear sunshine door with auto opener
- Main shop is 40 ft x 60 ft with 20 ft x 40 ft spaces that split into 2 enclosed shop/storage areas
- The 20 ft x 40 ft mezzanine area over the enclosed shop/storage areas is the "man cave" area.
Services
Sewer
Septic open discharge
Services Notes
Note water lines are Poly B. Please talk to your insurance company to discuss insurance. We have been informed that Portage Mutual Insurance or SGI Canada are insurance companies that may insure homes with Poly-B water lines.
Location
Directions:
From Hwy 16, Turn north onto 51 St., Edson and remain on this road (which becomes Sectional Hwy 748 north) for 4.5 km. The property is the first driveway on the left after passing TWP 540.
Legal
Note to Bidders
- When registering to bid you will be required to have a Letter of Confirmation of Funds from your bank. Letter of Confirmation must be on Bank Letterhead with your name & or company name & amount of funds you have access to that you wish to spend up to. This letter of confirmation will have to be emailed to TEAM Auctions.
- Internet Bidding Fees: 10% up to a max of $5,000 per item.
- If you are the successful bidder, to meet the obligations set by the federal government, you will be asked to verify your identification. You will also need to provide us with your lawyer info to complete the real estate transaction.
- Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only.
Highlights of Purchase Contract
Completion Day
Aug 07, 2024
Deposit
$50,000 bank draft or approved payment payable to Moores Realty Ltd. due from successful bidder upon close of bidding / signing of purchase contract. Cash and virtual currency will not be accepted.
Additional Terms
- The Property sells as-is with no warranties of any kind whatsoever & 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.
- That the water lines in the home are Poly B.
- A Real Property Report will not be provided. Fences may or may not be on property lines. There is no fence on the north property line across the open pasture
- The Seller has the legal right to sell the property.
Partial Terms and Conditions
Unreserved and Reserved:
Some Real Estate may have reserved minimum bids. The Auctioneer, at its sole discretion has the right to or/not to advertise and/or notify the buyer as to whether the goods/and or Real Estate being offered in this auction are:
- UNRESERVED: Meaning the seller has agreed to accept the highest bid regardless of price. In this case any items and/or livestock and/or Real Estate offered will sell to the highest bidder regardless of price.
- RESERVED: Meaning the seller has set a minimum price that must be met in order for the Real Estate to be deemed "sold" to the buyer. This minimum "Reserved" price may be indicated to the buyer as a "Reserve Price", "Starting Bid" or as "Subject to Owners Approval" or "not indicated or advertised in any way".
The seller and/or the auctioneer acting as the sellers agent may at any time:
- remove the "Reserve Price" or “Starting Bid” at any time and deem this auction " Unreserved"
- accept any bid, within 2 business days of the auction closing, that is lower than the "Reserve Bid"
- counter offer; any buyer within 2 (two) business days of the closing of the auction.
Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.
You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the auctioneer you are obligated to complete the transaction.
- AGENT OF THE SELLER: Real Estate Brokerage 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.
- 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.
- 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.
- GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
- 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.
- 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.
**TEAM SEKURA AUCTION MAIN SALE TERMS ALSO APPLY.