Listed on: Dec 22, 2025
Last Updated: Mar 19, 2026
15,371 ft²Land$120,000Sale
15,371 ft²
Land
$120,000
Sale
R-2 Zoned lot with plans for an 8-suite building
The Property
Asking Price$120,000
Available Space15,371 ft²
NegotiableYes
Property UseMulti family
MLS® IDE4454187
ZoningR-2
SourceDirect
The Lot
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'
Property TypeLand
Lot Size15,371 ft²
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
