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Steve Cormack (403) 391-1672

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Data Last Updated May 5, 2024, 11:25 pm

 
Courtesy of RE/MAX real estate central alberta - Sylvan Lake
Downtown
No Floor Plan Available
$975,000
MLS® #:  A2090563
Address:  5107 & 5111 50B Avenue
Days On Market:  ACCESS Days on Market

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Descriptions:

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.

Status: Active
Includes: NA
Location & Listing Info:
Zoning: W-DC
Neighbourhood: Downtown
Nearest Town: Sylvan Lake
Lot Size: 21,344.00 sq.ft.
Property Info:
Property Type: Commercial Land
Brokerage: RE/MAX real estate central alberta - Sylvan Lake
Exterior:
Financial & Possession:
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For viewing call (403) 391-1672
Contact Steve Cormack -
6, 3608 - 50 AVE., Red Deer, Alberta, T4N 3Y6
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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.

Steve Cormack, Royal Lepage Network Realty Corp.
6, 3608 - 50 AVE., Red Deer, Alberta T4N 3Y6
Tel: (403) 391-1672 Cell: (403) 391-1672 Office: 403-346-8900 Fax: 877-746-0617
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