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  • * $975,000
  • Acres0.49
  • DOM183
$975,000

5107 & 5111 50b Avenue, Downtown in Sylvan Lake, AB

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5107 & 5111 50b Avenue, Downtown in Sylvan Lake

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.

$975,000
5107 & 5111 50b Avenue, Sylvan Lake, Alberta

Essential Information

  • MLS® #A2090563
  • Price$975,000
  • Bathrooms0.00
  • Acres0.49
  • TypeLand
  • Sub-TypeCommercial Land
  • StatusActive
  • Days on Market183

Amenities

  • WaterfrontSee Remarks

Additional Information

  • ZoningW-DC

Community Information

  • Address5107 & 5111 50b Avenue
  • SubdivisionDowntown
  • CitySylvan Lake
  • ProvinceRed Deer County
  • Postal CodeT4S1G6

Exterior

  • Lot Size Square Feet21344.00
  • Listing Frontage50.29M 165`0"

Listing Details

  • Listing OfficeRE/MAX real estate central alberta - Sylvan Lake
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