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5801 Lakeshore Drive, Sylvan Lake, Alberta T4S 1T9

MLS® # A2258600

$1,250,000

Description

Prime multi-family development opportunity on Lakeshore Drive in Sylvan Lake! This 2.46-acre parcel is one of the last large development sites along the lakefront corridor and is ideally suited for future higher-density residential under the Town’s Urban Neighbourhood policy. The property is currently zoned Future Designation, requiring an Outline Plan and rezoning, but its location and size make it a standout candidate for townhomes, stacked townhouses, or low-rise multi-family. Surrounded by established neighbourhoods and within walking distance to the lake, schools, and amenities, this site offers unmatched potential for a signature residential project. Existing improvements include an older bungalow, barn, and quonset, with value placed on the land for redevelopment. A rare chance to secure premium infill land in one of Central Alberta’s fastest-growing communities. (id:53676)

PROPERTY FEATURES

  • MLS® Number A2258600
  • Price $1,250,000
  • Plan 8622309

Buildings

Age Age Is Unknown

Land

Acreage Yes Fence Type Not Fenced
Size Irregular 2.46 Size Total 2.46 Ac|2 - 4.99 Acres
Size Total Text 2.46 Ac|2 - 4.99 Acres Zoning Description Fd

BROKERAGE

  • Office: Exp Realty - Sylvan Lake

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