**The site is permit-ready for the development of 77 townhomes with full construction plans and a development permit in place** Multifamily Development Land! 4.35 acres (3.91 net developable) zoned R2 (med. density), this is a prime location in the City of Red Deer! The Red Deer market is in need of two things; affordable housing and new rental accommodation, this site can serve one or both of these categories. Well located in S.E. Red Deer in a new growth area that provides all essential services, schools, shopping, trail systems, and the largest recreation center in Red Deer. This is an area where people prefer to live.
Data was last updated December 16, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$173,250
Min list price:
$119,900
Max list price:
$3,800,000
Avg days on market:
91
Min days on market:
22
Max days on market:
440
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by the MLS® system.