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Descriptions:
Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project.
The Opportunity:
Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above).
Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water.
Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase.
The Site:
Lot Size: 75 ft x 130 ft total.
Servicing: Double detached garage already on site.
Location: High-visibility/high-demand area within walking distance to the lake.
This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction.
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| Status: |
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Active
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| Features: |
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Fire Pit, Private Yard, Primary Downstairs, Back Lane, Interior Lot, Many Trees, Private |
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| Includes: |
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NA |
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| Site Influences: |
| Back Lane, Interior Lot, Many Trees, Private |
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| Location & Listing Info: |
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| Nearest Town: |
Sylvan Lake |
| Lot Size: |
9,728.00
sq.ft.
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| Property Info: |
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| Property Type: |
Detached |
| Home Style: |
Bungalow |
| Year Built: |
1947 |
| Total Floor Area: |
1,332 sq. ft. |
| Brokerage: |
Royal LePage Network Realty Corp. |
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| Exterior: |
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| Exterior: |
Wood Siding |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
3
(Bedrooms Above: 0)
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| Bathrooms: |
Full: 1
/ Half or Ensuite: 1
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| Additional Info: |
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| Basement: |
Block, Combination, Other |
| Floor Finish: |
Vinyl |
| Parking: |
Double Garage Detached |
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Contact Stephan Trudel -
4505 50 Ave unit 103, Sylvan Lake, Alberta, T4S 1W2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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