I have never actually fished Wakaw lake, but I do know of people who have, and I know there are still fish in the lake. I am not sure if the lake is/was stocked or not, but any time I drive by in the summer there are always boats out fishing. As far as lakes within the Wakaw area, I don't know how far you want to travel, but I fish St. Brieux Lake all of the time. Lake Lenore is also quite close (as St. Brieux and Lake Lenore were originally one lake many years ago but the area between them dried up and grew into bush and grass) and has decent fishing as well. St. Brieux used to host a Percherama ice fishing tournament each winter (I don't think they do anymore) because there are so many perch in the lake, but they are all pretty small (from my experience at least). The fishing varies from person to person at the lake and I think this is due to differing methods of fishing. My dad and I have been doing extremely well fishing for Whitefish lately, and we have caught something like 50 of them in the last week or so (and I missed a couple of days), but others have been catching nothing just a hundred yards or so away from us. If you want more information on methods and where to go etc. let me know. I can't really help you if you plan to go to Lake Lenore because I don't fish there that often, but we had good luck for walleye in the summer anywhere from 50-100 yards away from the boat launch at the south end of the lake.
