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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. (id:53430)

Lot / Land

Lot Size:
2.46 acres

Exterior

Fencing:
Not fenced

Fees & Dates

Property Taxes:
$4,769
Tax Year:
2025
Last Modified:
05/28/2026 05:35:06 PM
Status Change:
05/28/2026 05:27:10 PM

Association / Ownership

Common Interest:
Freehold

Location

Click and drag to explore the area
Listing offered by: 299937

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