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5310 50 Av 2.29 Acres of Residential Land Offered at $1,029,000 CAD in Sylvan Lake, AB T4S 1E7
Investment Highlights
- Zoned RWV, supporting high-density residential and mixed-use development.
- 2.29-acre parcel with 600 feet of golf course frontage and 220 feet along 50th Avenue.
- Walking distance to Sylvan Lake’s beach, downtown shops, and restaurants.
- Located in a pedestrian-friendly district designed for sustainable, year-round activity.
Executive Summary
Development land with 600' of frontage on the picturesque Sylvan Lake Golf and Country Club and 220' fronting 50th Ave. Ideal for a condominium project, multi-family investment property or luxury townhomes. Property is just short walk to downtown and the beach. Zoned RWV - Residential Waterfront Village District - a highly sought-after area designed for year-round living, tourism, and recreation. The district is characterized by a mix of high-density residential, commercial amenities, and direct access to the lake, with ongoing, sustainable development aimed at creating a vibrant, walking-friendly hub.
Property Facts
| Price | $1,029,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.29 AC |
| Property Type | Land | ||
| Zoning | RWV - Residential Waterfront Village District | ||
| Price | $1,029,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.29 AC |
| Zoning | RWV - Residential Waterfront Village District |
1 Lot Available
Lot
| Price | $1,029,000 CAD | Lot Size | 2.29 AC |
| Price Per AC | $449,344.98 CAD |
| Price | $1,029,000 CAD |
| Price Per AC | $449,344.98 CAD |
| Lot Size | 2.29 AC |
Description
The property at 5310 50 Avenue in Sylvan Lake, Alberta, consists of 2.29 acres of vacant land located in the Downtown subdivision. It has approximately 600 feet of frontage along the Sylvan Lake Golf and Country Club and 220 feet along 50th Avenue. The site is zoned RWV (Residential Waterfront Village District), which allows for a mix of residential and commercial uses. Utilities including electricity, natural gas, sewer, and water are available. The property is within walking distance of the lakefront and downtown amenities.
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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5310 50 Av
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