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Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
P: 780-450-6300
F: 780-450-6670
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Listing Details

For more information on this listing or other please contact me.

Courtesy of RE/MAX Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$735,000

4604 56 Avenue   Wetaskiwin, Alberta

MLS®: E4433121
URL:    
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.
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.

Listing Information

Prop. Type:
Land
Status:
Active
City:
Wetaskiwin
MLS® Number:
E4433121
Area:
Edmonton
Province:
Alberta
Listing Price:
$735,000

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This property is listed by RE/MAX Real Estate and provided here courtesy of Gurinder Grewal. For more information or to schedule a viewing please contact Gurinder Grewal.
Gurinder Grewal
Maxwell Polaris
Phone: 780-450-6300
Mobile Phone: 780-709-7484
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Gurinder Grewal, licensed REALTOR® in the Province of Alberta.
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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.

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