5107 50b Avenue
Sylvan Lake, Alberta T4S1G6
2 beds · 1 bath · 900 sqft
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 A2090546 and A2090552. (id:39198)
Facts & Features
Building Type House, Detached
Year built 1942
Square Footage 900 sqft
Stories 1
Bedrooms 2
Bathrooms 1
Parking 6
NeighbourhoodDowntown
Land size 8580 sqft|7,251 - 10,889 sqft
Heating type Forced air
Basement typeSee Remarks
Parking Type Other
Time on REALTOR.ca16 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RE/MAX real estate central alberta - Sylvan Lake
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