5806 57 Avenue, Red Deer, Alberta

$139,900

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0.22

Acres

About 5806 57 Avenue

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.

Features of 5806 57 Avenue

MLS® # A2067112
Price $139,900
Bathrooms 0.00
Acres 0.22
Type Land
Sub-Type Residential Land
Status Active

Community Information

Address 5806 57 Avenue
Subdivision Riverside Meadows
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 4S4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed July 24th, 2023
Days on Market 547
Zoning R-L
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map