$1,250,000

5801 Lakeshore Drive

Sylvan Lake

About this home

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:67770)

Facts

Lot size

2.46 acres

Property taxes

$4,769 (2025)

MLS® number

A2258600

Location

Listed by eXp Realty - Sylvan Lake

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