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Real Estate in Gregoire Commercial Park, Fort McMurray

Gregoire Commercial Park is not a residential neighbourhood — it is Fort McMurray's primary mixed-use business and light-industrial corridor in the city's south end, fronting Highway 63 and Highway 69.

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Active listings

2

Median list price

$651,350

Avg list price

$651,350

Homes for Sale in Gregoire Commercial Park, Fort McMurray

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400 Mackenzie Boulevard, Fort McMurray

$685,000

400 Mackenzie Boulevard, Fort McMurray

Other · 2,577 sqft

400 Mackenzie Boulevard, Fort McMurray

$617,700

400 Mackenzie Boulevard, Fort McMurray

Other · 2,079 sqft

Buying in Gregoire Commercial Park

Who fits here

Gregoire Commercial Park is not a residential neighbourhood — it is Fort McMurray's primary mixed-use business and light-industrial corridor in the city's south end, fronting Highway 63 and Highway 69. The buyers who belong here are entrepreneurs, investors, and owner-operators looking for commercial bays, highway-facing retail pads, service industrial lots, or income-producing office and warehouse properties. Oil-field supply companies, automotive services, hospitality operators, and national franchise tenants all have a strong presence. Because the park sits directly on Highway 63 — the only highway connecting Fort McMurray to Edmonton and carrying some of the highest industrial tonnage per kilometre in Canada — properties here capture heavy pass-through traffic from oilsands workers, contractors, and long-haul freight. Lot sizes are intentionally more flexible than the large-format MacKenzie Industrial Park to the north, making Gregoire Commercial Park accessible for smaller operators and multi-tenant builds. Buyers focused on pure residential living should look elsewhere in Fort McMurray; this area rewards those who want commercial exposure in Alberta's energy capital.

Current market in the neighbourhood

Gregoire Commercial Park serves Fort McMurray's commercial property market, which moves in close step with regional oil sands activity. The active listing count currently stands at 2 properties. Listed prices range from, with a median list price of $651,350. Over the past 12 months, commercial properties transacted in the area, with an average sold price and an average of days on market before a deal was reached. The sale-to-list ratio of reflects the negotiating dynamics typical of a market anchored by commodity cycles. Fort McMurray's broader economy posted a 2021 census population of 68,002 in the urban centre, supporting a commercial base that services both permanent residents and a large transient oilsands workforce.

Commute and lifestyle

Gregoire Commercial Park sits at one of Fort McMurray's most accessible addresses. Highway 63 runs directly alongside the park, providing fast connections north to the oilsands mine sites and south toward Edmonton — a roughly 430-kilometre drive. Highway 69 intersects nearby, linking east toward Cold Lake and Bonnyville. Fort McMurray's airport is just minutes away, a critical convenience in a city where fly-in fly-out workers routinely board twice-weekly flights. RMWB Transit's Route 1 is one of the network's high-frequency core routes and connects the Gregoire corridor to Thickwood Heights and key destinations across Fort McMurray, useful for employees without vehicles. Within the park itself, daily needs are well-covered: national grocery chains, fuel stations, quick-service restaurants, hotels, and automotive services are all within walking distance. Keyano College's Clearwater Campus on Franklin Avenue is roughly 10 minutes north by car, supplying a pipeline of trades and technical graduates relevant to many Gregoire businesses. The surrounding Gregoire residential neighbourhood also provides a nearby labour pool for shift-based hospitality and retail roles.

Long-term context

Commercial property values in Gregoire Commercial Park are tightly linked to the health of Canada's oil sands sector. When West Texas Intermediate and Western Canadian Select prices are firm, lease demand from oilfield services firms, accommodations operators, and supply companies rises quickly, compressing cap rates and lifting assessed values. The RMWB's 2025 assessment cycle — based on a July 1, 2025 evaluation date — reflects the most recent commodity upswing. Structurally, the park benefits from limited direct competition: Highway 63 frontage with full municipal servicing is finite, and the RMWB's own development land supply studies have noted that serviced commercial parcels in high-traffic corridors are absorbed steadily. Fort McMurray's history also shows sharper cyclical swings than southern Alberta markets; buyers who purchased during the 2016–2018 trough and held through the 2022–2024 energy recovery saw meaningful appreciation. Long-term investors should underwrite for volatility alongside that upside.

About Gregoire Commercial Park

Overview

Gregoire Commercial Park is a dynamic, mixed-use community situated in the southeast sector of Fort McMurray. Often integrated with the broader Gregoire neighborhood, the area seamlessly blends commercial and industrial business hubs with residential living. It is highly sought after for its accessibility and close proximity to major employment centers. Buyers exploring this area will find an average list price around $651,350.

Location

Positioned prominently along Highway 63 and Gregoire Drive, the neighborhood provides exceptional logistical efficiency and immediate connectivity to both downtown Fort McMurray and the Fort McMurray International Airport. It is bordered by significant industrial areas, including the Mackenzie Industrial Park, making it an incredibly convenient base for industrial professionals and oil sands workers.

Housing character

The residential real estate within and immediately surrounding Gregoire Commercial Park is largely defined by its affordability and practical property styles. The market predominantly features manufactured and mobile homes set on spacious, mature lots, alongside low-rise apartment condominiums. Many properties include wide driveways and rear detached garages. With 2 active listings generally available, it provides excellent entry-level options for first-time buyers and investors.

Schools

Families residing in the Gregoire area have access to local educational institutions right within the community. Primary schooling options include Greely Road School and the Fort McMurray Islamic School. Additionally, older students and adult learners benefit from the neighborhood's close proximity to the Keyano College Industrial Campus.

Transit

Transit in Gregoire is highly accommodating for both local commuters and regional site workers. The neighborhood is serviced by regular Fort McMurray public transit routes that easily connect residents to the downtown core and other civic centers. Furthermore, the area features convenient stops for numerous private shuttle routes directly serving the northern oil sands sites.

Shopping and dining

The commercial zoning of Gregoire Commercial Park ensures that residents have daily necessities right at their doorstep. The area operates as a bustling commercial center anchored by a strong mix of local restaurants, national fast-food chains, grocery stores, and professional services. High-traffic retail corridors also feature hotels, gas stations, and automotive centers to meet everyday needs.

Parks and recreation

Despite its commercial focus, Gregoire provides excellent access to local green spaces and outdoor recreation. Residents enjoy community playgrounds, local dog parks, sports fields, and an outdoor skating rink. The nearby Doug Barnes Cabin Park features scenic walking trails and picnic areas, while the Points West Trail system and Vista Ridge All Seasons Park offer nearby opportunities for hiking and skiing.

Lifestyle

Life in Gregoire Commercial Park is defined by functional convenience and a practical, active spirit. The seamless integration of homes, businesses, and industrial amenities allows many residents to live, work, and handle errands within a compact radius. With immediate access to community highlights like the Oilsands Discovery Centre and nearby golf courses, the neighborhood offers a well-rounded and affordable lifestyle.

See recent sold prices in Gregoire Commercial Park, Fort McMurray

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Frequently Asked Questions

Gregoire Commercial Park hosts a wide mix of highway commercial and light-industrial uses, including automotive dealerships and service shops, national fast-food chains and restaurants, fuel stations, grocery stores, hotels, liquor retailers, and professional office space. It is one of Fort McMurray's most established mixed-use business corridors.

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Listing information last updated on June 23, 2026 at 4:00 pm (America/Edmonton)