4604 56 Av Wetaskiwin, Alberta T9A 3S5
$735,000
Rare development opportunity. 1.33 Acres of high-density multi-family development land zoned R4 allowing up to 6 storeys of development in the Northeast quadrant of Wetaskiwin’s Garden Meadows subdivision. The October 2024 CMHC rental market summary notes a 2.4% vacancy rate, with recent population growth since the census of 12,594 in 2021. The city has lacked new multi-unit housing options in recent years. Wetaskiwin’s economy is driven by a mix of agriculture, manufacturing and warehousing, with a retail sector. Recent growth has seen 42 new business openings in 2023, and 27 business openings in 2024 adding new employment. The site is well positioned within walking distance to Norwood Elementary, Wetaskiwin Composite High School, Wetaskiwin Recreation Complex, and 50th Ave, the main avenue serving Wetaskiwin’s Old Town where you’ll find City Hall, rich with heritage, amenities, and services. The Garden Meadows neighbourhood is known as the newer & quieter side of Wetaskiwin containing new SF homes. (id:61585)
Property Details
| MLS® Number | E4433120 |
| Property Type | Vacant Land |
| Neigbourhood | Garden Meadows |
| Amenities Near By | Shopping |
| Features | Flat Site |
Building
| Type | No Building |
Land
| Acreage | Yes |
| Fence Type | Not Fenced |
| Land Amenities | Shopping |
| Size Irregular | 5382.32 |
| Size Total | 5382.32 M2 |
| Size Total Text | 5382.32 M2 |
Contact Us
Contact us for more information
Jeneen L. Marchant
Associate
(780) 447-1695
200-10835 124 St Nw
Edmonton, Alberta T5M 0H4
(780) 488-4000
(780) 447-1695
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April 28 2025 03:52:22
REALTORS® Association of Edmonton
RE/MAX Real Estate