Prime investment opportunity just one block from downtown Stettler! This property is currently in the process of being converted into three separate municipally approved units(triplex) with extensive work already completed and a strong foundation in place for the next owner to carry the project through to completion.
The current planned layout includes two one-bedroom units and one larger two-bedroom unit each designed with an open-concept kitchen, dining, and living area, along with dedicated space for stackable in-suite laundry. At its current stage of construction, the building also offers the flexibility to shift direction and adapt the spaces for commercial use, depending on the buyer’s plans and applicable municipal requirements.
Significant improvements have already been completed, including a brand-new roof, soffit, fascia, and eavestroughs. Framing is complete throughout all three and the required fire separation between each has been completed through the living areas, attic spaces, and below. The existing sewer service remains in place and is ready to be tied into, as well as natural gas and water lines to the building. Quotes have already been obtained for the required windows and doors. Engineered drawings are available for review.
The proposed use has received municipal approval, helping take much of the preliminary planning out of the project for the next owner.
The property is zoned R2A, offering flexibility for either residential or discretionary commercial uses.
Data was last updated September 4, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$299,000
Min list price:
$89,500
Max list price:
$799,000
Avg days on market:
27
Min days on market:
6
Max days on market:
165
Avg price per sq.ft.:
$252.32
These statistics are generated based on the current listing's property type
and located in
Stettler. 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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