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5-7 Broadway Rise
Sylvan Lake, AB T4S 0H1
Land For Sale
·
3.27 AC

INVESTMENT HIGHLIGHTS
- R3 zoning permits these uses: Accessory Buildings, Apartments, Four-plexes, Row Housing, Stacked Row House, Triplex.
- Currently (2) apartment buildings are located on north and west side of Block 1.
- Situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake.
EXECUTIVE SUMMARY
Up to 3.27 acres of multi-family land ready for development, situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake. Currently (2) apartment buildings are located on north and west side of Block 1. Sylvan Lake is a vibrant lakeside community, that has a population of 16,802 (2022). Boasting around 1 million visitor makes Sylvan Lake a sought after destination. Located only 25 KM west of Red Deer and in between Edmonton and Calgary
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 2 | Proposed Use | |
| Property Type | Land | Total Lot Size | 3.27 AC |
| Zoning | R3 - High Density Residential Dsitrict | ||
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.27 AC |
| Zoning | R3 - High Density Residential Dsitrict |
2 LOTS AVAILABLE
Lot Block 2
| Price | $459,465 CAD | Lot Size | 1.51 AC |
| Price Per AC | $304,281.46 CAD |
| Price | $459,465 CAD |
| Price Per AC | $304,281.46 CAD |
| Lot Size | 1.51 AC |
Block 2: 1.51 Acres. Property taxes: Block 2: $3,107.94.
Lot Bock 3
| Price | $535,535 CAD | Lot Size | 1.76 AC |
| Price Per AC | $304,281.25 CAD |
| Price | $535,535 CAD |
| Price Per AC | $304,281.25 CAD |
| Lot Size | 1.76 AC |
Block 3: 1.76 Acres. Property Taxes: Block 3: $3,435.58.
DESCRIPTION
Up to 3.27 acres of multi-family land ready for development, situated on the corner of Highway 781 and Memorial Trail in Sylvan Lake. Currently (2) apartment buildings are located on north and west side of Block 1. Sylvan Lake is a vibrant lakeside community, that has a population of 16,802 (2022). Boasting around 1 million visitor makes Sylvan Lake a sought after destination. Located only 25 KM west of Red Deer and in between Edmonton and Calgary.
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