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Calgary homes for sale under $500,000-Calgary properties under $500KHarvest Hills
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5001 51 Street
Downtown (Sylvan Lake) Sylvan Lake T4S 1E1

$129,900
Land

Main Photo: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Photo 1: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Photo 2: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Photo 3: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Photo 4: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Photo 5: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
Status:
Active
Prop. Type:
Land
MLS® Num:
A2247809
Prime Downtown Waterfront Development Opportunity Seize the chance to own a rare parcel in the heart of Sylvan Lake’s vibrant downtown! This corner lot is zoned W-DC (Waterfront Direct Control), allowing for an exciting range of commercial and mixed-use possibilities as outlined in the Town’s Sustainable Waterfront Area Redevelopment Plan. Located steps from the lake, this site offers high visibility, strong pedestrian traffic, and immediate proximity to thriving shops, restaurants, and waterfront attractions. With permitted uses including restaurants, brewpubs, retail, hotels, offices, personal services, and mixed-use developments, plus discretionary options such as daycares, recreation facilities, and boutique accommodations, the possibilities are extensive. Zoning encourages active ground-floor commercial space with opportunities for upper-level residential or office, making it ideal for developers looking to create a destination property. Whether you envision a trendy eatery with patio seating, boutique retail, or a signature mixed-use building, this property is ready for your vision. Act now to secure your footprint in one of Sylvan Lake’s most sought-after locations.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
4,635 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Plan:
9926571
Ensuite:
No
Garage:
No
Downtown (Sylvan Lake)
N/A
None Known
Title to Land:
Fee Simple
Lot Features:
Corner Lot
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Aug 12, 2025
  • Photo 1: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
    Photo 1 of 5
  • Photo 2: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
    Photo 2 of 5
  • Photo 3: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
    Photo 3 of 5
  • Photo 4: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
    Photo 4 of 5
  • Photo 5: 5001 51 Street: Sylvan Lake Commercial Land for sale : MLS®# A2247809
    Photo 5 of 5
Larger map options:
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Listed by CIR Realty
Data was last updated August 14, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$329,900
Min list price:
$74,000
Max list price:
$5,000,000
Avg days on market:
91
Min days on market:
1
Max days on market:
1,102
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DIANE RICHARDSON
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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.