Exceptional development opportunity in the welcoming town of Westlock—just 45 minutes from St. Albert! This pie-shaped lot is ideally located on a main highway, offering great exposure while still maintaining a quiet, walkable setting close to downtown, schools, and shopping. Zoned R-2 (Medium Density Residential), the property is fully approved and ready to build a modern 4-plex, each unit featuring its own basement suite for added rental income. Plans, permits, and site plan are in place—just bring your vision and start building. A rare turnkey chance to invest in a growing community with strong demand for multi-family housing. Lot dimensions are: 234'x216'x20'x130'
Data was last updated September 8, 2025 at 03:30 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$229,900
Min list price:
$109,500
Max list price:
$539,000
Avg days in system:
58
Min days in system:
16
Max days in system:
181
Avg price per sq.ft.:
$231.49
These statistics are generated based on the current listing's property type
and located in
Westlock. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on September 8, 2025 at 03:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.