A treed setting along Waskasoo Creek brings a natural backdrop to this downtown Red Deer development opportunity. This 50' x 130' lot at 5213 47 Avenue backs onto treed reserve and the creek, pairing a central location with green space behind. R-M zoning provides a starting point for exploring residential development options, while rear alley access offers flexibility when planning site access and parking. Downtown shopping, restaurants and professional services are nearby, along with parks and walking trails for time outdoors. City services will need to be brought into the lot from the road at the developer's expense. For a future residential project, the appeal is in the combination of downtown convenience and a creekside setting.
Data was last updated October 20, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$158,025
Min list price:
$119,900
Max list price:
$299,900
Avg days on market:
145
Min days on market:
18
Max days on market:
179
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.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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