Diane Richardson

Cell: 403-397-3706 |

Indulge in Opulent Living: Luxury Calgary Homes for Sale from $1,000,000

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5107 & 5111 50B Avenue
Downtown (Sylvan Lake) Sylvan Lake T4S 1G6

$885,000
Land

Main Photo: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 1: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 2: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 3: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 4: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 5: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 6: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 7: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 8: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Photo 9: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
Status:
Active
Prop. Type:
Land
MLS® Num:
A2090563
DEVELOPERS DREAM! Three oversized lots a block from the beach with 165 feet of frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090546.
Property Type:
Land
Property Sub Type:
Commercial Land
Transaction Type:
For Sale
Lot Area:
21,344 sq. ft.
Lot Frontage:
165'
Bathrooms:
- (Full:-, Half:-)
Plan:
3558Q
Ensuite:
No
Garage:
0
Downtown (Sylvan Lake)
NA
None Known
Title to Land:
Fee Simple
Waterfront Features:
See Remarks
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Oct 27, 2023
  • Photo 1: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
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  • Photo 6: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
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  • Photo 7: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
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  • Photo 8: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
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  • Photo 9: 5107 & 5111 50B Avenue: Sylvan Lake Commercial Land for sale : MLS®# A2090563
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Listed by RE/MAX real estate central alberta - Sylvan Lake
Data was last updated June 26, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$299,900
Min list price:
$95,000
Max list price:
$6,600,000
Avg days on market:
118
Min days on market:
14
Max days on market:
787
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations.
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.