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5107 & 5111 50B Avenue
Downtown (Sylvan Lake)
Sylvan Lake
T4S 1G6
$885,000
Land
- Status:
- Active
- Prop. Type:
- Land
- MLS® Num:
- A2090563
- Photos (9)
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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
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Lot Area:
- 21,344 sq. ft.1,982.92 m2
- Lot Frontage:
- 165'50.292 m
- 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
Larger map options:
Listed by RE/MAX real estate central alberta - Sylvan Lake
Data was last updated September 29, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $330,000
- Min list price:
- $90,000
- Max list price:
- $8,360,000
- Avg days on market:
- 151
- Min days on market:
- 12
- Max days on market:
- 783
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
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.