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5107 50b Ave

50b AveSylvan LakeAB, T4S 1E3

2
Beds
1
Baths
900
Sq. Ft.
$325,000
List Price
5107 50b Ave, Sylvan Lake, AB - 1 of 3
5107 50b Ave, Sylvan Lake, AB - 2 of 3
5107 50b Ave, Sylvan Lake, AB - 3 of 3
204 days on market

Quick Summary

  • Three oversized lots available a block from the beach.
  • Zoned W-DC with multiple development options.
  • Potential for commercial/multifamily building or townhomes.
  • Fantastic location near Marina Park and Lighthouse.
  • Close to restaurants, shopping, beach, water park, and golfing.
  • Amazing views of the lake and Sylvan Lake sunsets.
  • Great access for swimming, boating, and enjoying the lake.
  • Extraordinary investment potential in a year-round lake community.

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... Show More

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:54626)

Property Details

Size

900 sq. ft.
3 total rooms across 1 floor
2 Beds
2 Above Grade
1 Bath
1 Full

Parking

6 Parking Spaces
Other

Lot

Size
66′ * 129′11″
Acres
-

Build

Year Built
1942
Model Name
-
Basement
-
Exterior
-
Foundation
See Remarks
Builder Name
-
Stories
1
Flooring
Other
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None
SHOW LESS

Rooms

Bedroom

10′ x 10′

3pc Bathroom

Bathroom

Bedroom

10′ x 10′

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2090544
Last Updated
November 8, 2023
Brokerage
RE/MAX real estate central alberta - Sylvan Lake
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