Property Details

5116 50 Avenue
Sylvan Lake (A2222938)

$325,000
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Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

Description

Situated just a few blocks from the stunning lakefront and the vibrant heart of downtown Sylvan Lake, this expansive 100’ x 126’ (11,450 sq ft) zoned Heritage Direct Control (H-DC) — unlocking a unique opportunity to develop something truly special in one of Alberta’s most sought-after lake communities. Under the H-DC designation, this property offers exciting flexibility for innovative development that thoughtfully incorporates Sylvan Lake’s historic character. The zoning supports adaptive reuse and creative design possibilities, with potential for expanded development options that make the most of this prime location. Working in collaboration with the Town Council, and guided by the Sustainable Waterfront Area Redevelopment Plan, developers can bring forward a visionary project that enhances the area while honoring its rich heritage. With its proximity to the lake, downtown amenities, and recreational hotspots, this property is the ideal canvas for a signature residential or mixed-use project. Whether you're preserving architectural charm or blending old with new, this is your chance to make a lasting mark in Sylvan Lake. Don’t miss out on this rare and inspiring investment opportunity — explore the potential today!

Property details

Basic Info

MLS® #
A2222938
Property Type:
Land
Subtype:
Residential Land
Subdivision:
NONE
Price
$325,000
Sale/Lease:
For Sale

Building Info

Garage:
No
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
0.26 acres
Zoning:
Heritage Direct Control D

Listing Info

Possession:
Immediate
Days on Market:
80
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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