Investors – HUGE lot, HUGE opportunity! This oversized lot offers more than just space—it’s a blank canvas bursting with potential to create something extraordinary.
The versatile discretionary zoning opens the door to endless possibilities. Picture building a duplex where each side includes a basement suite—potentially creating four income streams from a single property. Approval from the City of Red Deer is required, but the reward is well worth it. See attached zoning details for more information.
Location is key, and this property has it all. Conveniently situated near essential amenities like shopping, schools, and recreation, and just a short walk to public transit, it’s the perfect setup to attract tenants or future homeowners looking for easy, connected living.
Priced to sell and GST included, this is the kind of opportunity investors dream about.
Data was last updated January 22, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$162,750
Min list price:
$109,999
Max list price:
$3,800,000
Avg days on market:
125
Min days on market:
7
Max days on market:
706
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.