Waterways Real Estate

Waterways Real Estate

Welcome to Waterways, a charming and picturesque community nestled within the vibrant Wood Buffalo region of Alberta. Known for its serene landscapes and close-knit atmosphere, Waterways offers a unique blend of natural beauty and modern conveniences, making it an ideal place to call home.

Surrounded by lush greenery and the tranquil waters of the Athabasca River, Waterways is a haven for nature enthusiasts. Residents can enjoy a variety of outdoor activities, from leisurely strolls along scenic trails to kayaking and fishing in the nearby waterways. The community's commitment to preserving its natural environment is evident in its well-maintained parks and recreational areas, providing ample opportunities for families and individuals to connect with nature.

Waterways boasts a friendly, welcoming atmosphere that fosters a strong sense of community. With local events and gatherings, residents have the chance to build lasting relationships with their neighbors. The community is also conveniently located near the amenities of Fort McMurray, offering easy access to shopping, dining, and entertainment options, while still enjoying the peacefulness of a smaller community.

Education and family-friendly resources are abundant, with schools and childcare facilities nearby, ensuring that families have access to quality education and support. Whether you're a young professional, a growing family, or looking to retire in a serene environment, Waterways has something to offer everyone.

Discover the charm of Waterways, where community spirit thrives amidst the beauty of Alberta's natural landscape. Come and explore the possibilities of making this enchanting community your new home!

Newest Listings in Waterways

$439,900
4 Beds ⋅ 3 Baths ⋅ A2329952 MLS® #
Welcome to 7109 Bulyea Avenue, where space, comfort and nature come together! Tucked away in the quiet, family-friendly community of Waterways, this beautifully maintained 3+1 bedroom, 3 bathroom home offers over 1,880 sq. ft. of thoughtfully designed living space with room for everyone. The bright and inviting main floor features soaring vaulted ceilings, an open-concept layout, and an abundance of natural light. The spacious kitchen flows seamlessly into the dining and living areas, making it the perfect place to gather with family and friends. Escape to your oversized primary retreat complete with a walk-in closet and private 4-piece ensuite. Two additional bedrooms and another full bathroom complete the main level. The fully developed walk-out lower level is ideal for entertaining or accommodating guests, offering a large recreation room with a wet bar, an additional bedroom, a full bathroom and plenty of storage. Seller rented for 1200/mth if extra space is not needed. Step outside and discover one of this home’s standout features which is a huge fully fenced pool sized backyard.. The covered deck and walk-out design make outdoor living effortless. Located in the desirable neighbourhood of Waterways, you’ll appreciate the quiet streets, nearby walking trails, pickleball courts, natural surroundings and quick access to downtown amenities. If you’re searching for a home that offers space, privacy and a family friendly lifestyle, 7109 Bulyea Avenue is one you won’t want to miss!

7109 Bulyea Avenue, Wood Buffalo

Courtesy of 3% REALTY FORT MCMURRAY.
$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.
$325,000
7 Beds ⋅ 5 Baths ⋅ A2324091 MLS® #
3.2 ACRES! ATTACHED HEATED GARAGE! Welcome to 5627 Draper Road. Foundation type: Polycore Foundation.. Welcome to your country side retreat with endless possibilities. This spacious home boasts 7 bedrooms and 5 bathrooms which is perfect for the large family, or the owner that would like to take on rental income. The top floor comes with 3 bedrooms and 2 bathrooms on one side of home which includes the primary bedroom and its en suite bathroom, a large living room which looks onto the kitchen that has ample counter and cabinet space. The second part of the top floor which can be closed off to the rest of the home comes with a second kitchen, separate laundry, and an additional bedroom and full bathroom. The basement area offers an additional 3 bedrooms and 2 full bathrooms. One part of the basement can be closed off from the rest of the basement offers a kitchenette, separate laundry, a bathroom and a bedroom. The rest of the basement offer a rec space, storage, and more. This property comes with a large in-floor heated garage, loads of space for parking, and much more. Call now for your personal showing. THIS PROPERTY IS BEING SOLD "AS IS WHERE IS".

5627 Draper Road, Wood Buffalo

Courtesy of ROYAL LEPAGE BENCHMARK.
$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.
$49,999
A2317067 MLS® #
Fantastic opportunity knocks, land for sale! Answer the door! Welcome to 9303 Bishop Street, steps away from the Legion, dog park, River and spray park. Historic waterways is one of Fort McMurray's hidden gems. Only minutes to downtown, schools, shopping and more, this quaint community offers country style living with an opportunity to build your dream home here. This lot is being sold as is where is without any seller's warranties or representations. Call Now! If you need a builder let us know.

9303 Bishop Street, Wood Buffalo

Courtesy of RE/MAX Connect.
$734,900
3 Beds ⋅ 4 Baths ⋅ A2310064 MLS® #
The best of Country living in the city where the peace, quiet and nature are not just words but your reality. The location of this home is second to none with the front of the home facing the Waterways park and the side of the home borders the hill side/ green space. This 2017 RTM Built was built by Warman Homes and the seller has added all the amazing extras to this property to include MORE land! Located on 2 average lots that have separate title making it a large 11,250 square foot lot in one of the most sought-after neighborhoods…. Waterways! This unique custom-built property features three bedrooms up stairs and the master bedroom with its own ensuite and walk in closet. The master bedroom has a door leading to its own private deck. As well as an additional 4 pc bathroom for your convivence. As you enter the home from the attached garage you are greeted by a mudroom with a 2pc washroom, laundry and a good size coat closet and spacious office or I feel the perfect place for deacon’s bench. The gorgeous open concept kitchen features quartz counter tops and a ton of cupboard space! There is a large island with breakfast bar the perfect place for the kids to do their homework or host happy hour with the ladies on Friday night. To the front of the home is the living room and dining area with loads of large windows to let in all the natural light. This floor is finished with sleek vinyl plank and vinal flooring. And no carpet through out. The recently finished basement has been finished in a open concept style with a 4-pc bathroom. Flex room and a wet bar the perfect place to have a theater room or guest space. The home comes with two independent furnaces!

7313 Hughes Avenue, Wood Buffalo

Courtesy of ROYAL LEPAGE BENCHMARK.
$699,000
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.
$264,900
A2234078 MLS® #
Secluded 9.1-Acre Lot on Draper Road – Ready to Build! Discover the perfect blend of privacy and convenience with this stunning 9.1-acre parcel nestled along Draper Road. Surrounded by a dense canopy of mature trees, this lot offers the ultimate in seclusion and tranquility. Recent upgrades make this property even more appealing: Draper Road is now fully paved, providing easy year-round access. City water is available and delivered directly to your lot, and electricity is already run to the road, streamlining the building process. This lot was professionally surveyed in June 2025, with all corners clearly marked, giving you peace of mind and clarity as you plan your build. Whether you're looking to escape the city or invest in a large piece of land with valuable infrastructure in place, this Draper Road property offers unmatched potential. Don’t miss out on this rare opportunity to own a beautiful, private slice of nature with modern amenities at your fingertips.

5329 Draper Road, Wood Buffalo

Courtesy of ROYAL LEPAGE BENCHMARK.
$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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