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$ 1,250,000
Est. payment | /mo
2.46 Acres Lot
$ 1,250,000
Est. payment | /mo
2.46 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2258600
Annual Tax Amount $4,769
Tax Year 2025
Lot Size 2.460 Acres
Acres 2.46
Property Sub-Type Commercial Land
Source Central Alberta
Property 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.
Location
State AB
County Red Deer County
Zoning FD
Exterior
Fence None
Others
Restrictions None Known
Tax ID 101509646
Ownership Private
Listed by eXp Realty - Sylvan Lake
Nearby Locations
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