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5111 50B Avenue
Sylvan Lake Alberta T4S1G6 Canada

$325,000

Active Listing ID A2090552
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2 bed
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551 square feet
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1.00 Bath
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Single Family

$325,000

Active Listing ID A2090552
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5111 50B Avenue 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 A2090544. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Floor Covering: Other
  • Heating Systems: Forced air
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/14/2024 2:11:42 PM GMT
Source Updated Date: 5/8/2024 7:00:36 AM GMT

Courtesy of: GlenGoodall, Salesperson, RE/MAX real estate central alberta - Sylvan Lake

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