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4640 57 Street
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Wetaskiwin · Vacant Land · under $275,000. Alerts only send when there are new or meaningfully updated matching homes.
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This prime 0.87-acre commercial lot is a rare opportunity in one of Wetaskiwin’s most active and visible business corridors. Zoned C3 and fully serviced, the property offers all municipal utilities and Phase 3 power right at the lot line. Positioned directly on a main truck route, the site is surrounded by successful businesses including Smitty’s Restaurant, A&W, Swan Pizza, Jiffy Lube, Esso Gas Station with car wash and convenience store, Ralcomm Telus Store, and is just steps from the well-known Wetaskiwin Automile. The land is bare, level, and ready to build, making it an ideal location for a CRU (Commercial Retail Unit) development or a wide range of commercial uses. With high traffic exposure, excellent accessibility, and strong neighboring anchors, this location is perfect for your next commercial project. 4 Way Corner, and Visability to the Automile.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Electricity at Lot Line,Natural Gas at Lot Line,See Remarks,Sanitary Sewer Lot Line,City Water at Lot LineTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: BarryAppointment Phone: 780-360-9300Paragon Listing ID: E4455833 (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.