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High Profile Development Land - Sylvan Lake

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  • Sylvan Lake, AB
    Canada
  • Auction #333-1
    Land
  • Lot Size:
    ±0.50 acres
  • Zoning: High Density Residential
  • Broker
    Co-op:
    2%

Land For Sale in Sylvan Lake, AB, Canada

High Profile Development Land - Sylvan Lake

5107/5111-50B Avenue, 5036-51 Street, Sylvan Lake, AB, Canada

RE/MAX Commercial Capital and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a high density residential development on ±0.495 Acres (±21,548 SF) in the best location in Sylvan Lake, Alberta.

Property Highlights:

  • The ±0.495 acre property is located directly across the street from the lake and 1/2 block off Lakeshore Drive
  • Best location in town for high-density residential project
  • Property has clear, unobstructed views of Sylvan Lake, with 166 feet of frontage facing the lake down the 51 Street view corridor
  • The property is zoned for high-density residential development and allows for 4 to 6 story apartments, with 75% lot coverage
  • Property has clear views of the lake down a protected view corridor
  • The property is situated in the West Village Area, directly adjacent to the downtown commercial core. It has the distinct advantage of being close to, but not on Lakeshore Drive. It is situated in a quiet neighborhood. It is not exposed to the larger traffic volumes along Lakeshore Drive, while still being steps away from the lake.
  • This property has street frontage on three sides, with a 7,200 square foot park space on its northern boundary. It is in a prime location for many different forms of high-density development.
  • Very flexible site in a prime location for many different types of high-density residential development (SEE DEVELOPMENT OPTIONS IN PROPERTY DOCUMENT SECTION BELOW)

Downloadable Documents

Property Information

Auction Information

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BID DEADLINE:   15 Jul 5:00 pm MDT
Show values in:
Starting Bid: CAD $499,000
US $401,831
Previous List Price:CAD $1,500,000
US $1,207,909
Required bid deposit: CAD $1,000
US $805
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hours
mins
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Auction Ended
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Chris Davies Property Representative RE/MAX Commercial Capital P: (780) 757-1010 M: (780) 905-7562 E: chris@rcedm.ca
Luke Gervais Property Representative RE/MAX Commercial Capital P: (780) 757-1010 M: (403) 918-5000 E: luke@rcedm.ca
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Land For Sale in Sylvan Lake, AB, Canada
High Profile Development Land - Sylvan Lake
5107/5111-50B Avenue, 5036-51 Street
Sylvan Lake, AB
Canada
Auction # 333-1

Contingencies may be included with your bid

Bid Deadline:
15 Jul 5:00 pm MDT
Starting Bid
CAD $499,000
US $401,831
Previous List Price
CAD $1,500,000
US $1,207,909
Required bid deposit
CAD $1,000
US $805
Show values in: 
  • Sylvan Lake, AB
    Canada
  • Property Type:
    Land
  • Lot Size:
    ±0.50 acres
  • Zoning: High Density Residential
  • Broker Co-op:
    2.00%
Property Description

RE/MAX Commercial Capital and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a high density residential development on ±0.495 Acres (±21,548 SF) in the best location in Sylvan Lake, Alberta.

Property Highlights:

  • The ±0.495 acre property is located directly across the street from the lake and 1/2 block off Lakeshore Drive
  • Best location in town for high-density residential project
  • Property has clear, unobstructed views of Sylvan Lake, with 166 feet of frontage facing the lake down the 51 Street view corridor
  • The property is zoned for high-density residential development and allows for 4 to 6 story apartments, with 75% lot coverage
  • Property has clear views of the lake down a protected view corridor
  • The property is situated in the West Village Area, directly adjacent to the downtown commercial core. It has the distinct advantage of being close to, but not on Lakeshore Drive. It is situated in a quiet neighborhood. It is not exposed to the larger traffic volumes along Lakeshore Drive, while still being steps away from the lake.
  • This property has street frontage on three sides, with a 7,200 square foot park space on its northern boundary. It is in a prime location for many different forms of high-density development.
  • Very flexible site in a prime location for many different types of high-density residential development (SEE DEVELOPMENT OPTIONS IN PROPERTY DOCUMENT SECTION BELOW)
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Chris Davies Property Representative RE/MAX Commercial Capital P: (780) 757-1010 M: (780) 905-7562 E: chris@rcedm.ca
Luke Gervais Property Representative RE/MAX Commercial Capital P: (780) 757-1010 M: (403) 918-5000 E: luke@rcedm.ca

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.