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A2241241 - CORNER OF 47TH AVENUE HIGHWAY 20 , Sylvan Lake, Alberta T4S 2J7




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SYLVAN LAKE IS BOOMING! 4 ACRES of prime commercial land zoned CNS (Serviced to property line and ready for development). This exceptional commercial development site is strategically located on the corner of Highway 20 and 47th Avenue in Iron Gate-Sylvan Lake subdivision. Its the only undeveloped commercial corner in what has transitioned into the thriving Town of Sylvan Lake's prime shopping corridor. The residential component of the quarter section is advancing rapidly with many phases complete and homes occupied. A 52 unit townhome site is rapidly selling (nearly sold out). There is a 98 unit apartment that is almost fully occupied south of this 4 acre commercial parcel, as well as a 1.69 acre multi family site (beside it) with a pending plan for an 89 unit luxury adult apartment. A 55 lot phase that is serviced (south of the 8 acre site-nearly sold out) with a mix of townhomes and single family homes is nearly sold out to builders with much of it already under construction or homes sold an occupied. The east side of the property has a 42 townhome lots development which currently is being built on. A 26 lot single family home phase has just been serviced on the south side of the property with home construction to begin this year. The balance of the quarter consists of 88 acres of residential development land on the south side that will begin development in 2025 and will consist of approximately 500 new homes. Sylvan Lake is conveniently located approximately 1 hr 10 minutes in between Calgary and Edmonton, 15 minutes from Red Deer, voted one of the six top beach destinations in western Canada...it's become true 4 seasons destination with an incredible number of annual tourists. Want a larger parcel, there are two more attached CNS commercial site of 2.21 acres (MLS #2241252) and 1.79 acres (MLS#A2241255) which could be combined to make an 8 acre site if desired.

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ESSENTIAL
MLS®:A2241241
Price:3,700,000.00
Type:Land
Sub Type:Commercial Land
Lot Size:174,240 sq. ft.
RestrictionsRestrictive Covenant
DOM110
INTERIOR SNAPSHOT   


COMMUNITY DETAILS
Address:CORNER OF 47TH AVENUE HIGHWAY 20 , Sylvan Lake, Alberta T4S 2J7
City:Sylvan Lake
Subdivision:Iron Gate
County:Red Deer County
Province:Alberta
Postal Code:T4S 2J7
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Zoning:CNS
ROOM DIMENSIONS


Community Features: Shopping Nearby, Street Lights, Walking/Bike Paths
Inclusions: NONE
Lot Features: Rectangular Lot



Courtesy: RCR - Royal Carpet Realty Ltd.


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Real Estate Listings: 14
Highest Price: $3,700,000.00
Lowest Priced: $372,900.00
Average Price: $930,064.29
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FAQs about CORNER OF 47TH AVENUE HIGHWAY 20 , Sylvan Lake,
Alberta, T4S 2J7

CORNER OF 47TH AVENUE HIGHWAY 20 MLS® A2241241 has an approximate size of 0 Sq. Ft. located in Iron Gate.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Land listing at CORNER OF 47TH AVENUE HIGHWAY 20 , MLS® A2241241.

This Land listings is priced at $3,700,000.

This property is located at CORNER OF 47TH AVENUE HIGHWAY 20 , Sylvan Lake, Alberta, T4S 2J7 in the Iron Gate community on the market for 110 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Iron Gate community resources page.














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