5039 50 Street
Sylvan Lake, Alberta
MLS® A2323831
$385,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2323831
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing description
Situated in an excellent high-visibility location along bustling 50 Street, this 5,579 sq ft commercially zoned lot offers outstanding development potential just a short walk from the lake and only moments from Lakeshore Drive. With 36 feet of frontage, the property provides excellent exposure in one of Sylvan Lake’s most desirable and active corridors. Zoned W-DC, development opportunities are subject to approval by the Town of Sylvan Lake’s Development Authority, allowing for a range of possibilities suited to this vibrant lakeside community.
According to Town of Sylvan Lake bylaws, there is potential for development up to four storeys, further enhancing the site’s investment appeal. Rear lane access provides convenient parking options, adding to the functionality and versatility of this prime commercial opportunity.
Property summary
- MLS® number
- A2323831
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 5544 square feet
- Annual property taxes
- $3,393.00
- Days on market
- 61 days
Features & details
- Lot features
- Level
What would this home cost you?
Based on the $385,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Network Realty Corp., Red Deer.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.