Sylvan Lake, AB T4S1G6,5036 51 ST
Sylvan Lake, AB T4S1G6,5036 51 ST
Sylvan Lake, AB T4S1G6,5036 51 ST
9
$295,000
$295,000
Est.Price: ?

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6,500 Sqft Lot

5036 51 ST Sylvan Lake, AB T4S1G6

Est. payment /mo
SOLD DATE : 10/06/2024

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Key Details

Sold Price $295,000

Property Type Vacant Land

Sub Type Residential Land

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS® Listing ID A2090546

Sold Date 10/06/24

Originating Board Central Alberta

Annual Tax Amount $1,909

Tax Year 2023

Lot Size 6,500 Sqft

Acres 0.15

Property Description

DEVELOPERS DREAM! Three oversized lots available a block from the beach with 165 feet of total frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090552 and A2090544.

Location

Province AB

County Red Deer County

Zoning W-DC

Exterior

Fence None

Lot Frontage 50.0

Others

Restrictions None Known

Tax ID 84871328

Ownership Private

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Listed by RE/MAX real estate central alberta - Sylvan Lake

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018

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