5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
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Derek J. Bryer

Derek J. Bryer

+1(587) 325-2992
$ 750,000
Est. payment | /mo

9,860 Sqft Lot

Save
$ 750,000
Est. payment | /mo
Save

9,860 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Subdivision Central Core

MLS® Listing ID A2319778

Annual Tax Amount $6,442

Tax Year 2025

Lot Size 9,860 Sqft

Acres 0.23

Property Sub-Type Commercial Land

Source Calgary

Property Description

Click Brochure link for more details** Lakeshore Corner represents an exceptional opportunity to acquire a 9,860 sqft development siter featuring 53 feet of prime frontage on Lakeshore Drive. The offering is elevated by the potential for a significant land assemblage opportunity to also acquire the adjacent Edgewater Inn and the 5207 Lakeshore Drive property. This strategic combination allows for the creation of a landmark consolidated site, unlocking the potential for a large-scale project that would command a premier corner of the waterfront. A future development will benefit from unparalleled access to Sylvan Lake's best amenities and a location next to existing luxury projects. With deep municipal utilities ready at the lot line, the Site provides the ideal foundation for a landmark commercial and residential development in one of Alberta's most popular lakeside communities. The Site is the definitive epicenter of Sylvan Lake, located just steps from the 1.6 km waterfront promenade and sandy beach. It is situated in the heart of the high-traffic commercial strip, offering a brief two to five minute walk to the town's most popular destinations, including the pier, microbreweries, rooftop dining, and public boat launches. Sylvan Lake is a proven year-round destination. Beyond the summer draw of boating and the Aqua Splash, the town hosts major events like Canada Day and Winterfest. In winter, the vibrant Winter Village, ice skating, and ice fishing drive continuous visitor traffic and commercial demand, ensuring year-round viability for retail and desirability for residents. The lot is located in the Waterfront Commercial District (CW). This valuable designation encourages mixed-use developments that blend ground-floor retail, tourist services, or restaurants with upper-floor residential or multi-family condo units. The site commands a strategic corner location with 53 feet of premium frontage on Lakeshore Drive and an additional 97 feet along 52nd Street. This dual frontage ensures maximum brand visibility, offers prominent lake views, and provides flexible design and access options for future development. Being positioned in a mature, established municipal grid, the lot boundaries are serviced with deep municipal water, sewer, natural gas, and electricity lines, making development planning far faster than rural lakefront plots.

Location

Province AB

County Red Deer County

Zoning W-DC

Interior

Inclusions See Remarks

Exterior

Fence None

Community Features Lake, Shopping Nearby, Sidewalks, Street Lights

Utilities Available Electricity at Lot Line, Water At Lot Line, Natural Gas at Lot Line, See Remarks

Waterfront Description See Remarks

Others

Restrictions See Remarks

Tax ID 101651570

Ownership Private

Listed by Honestdoor Inc.

Nearby Locations

Derek J. Bryer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 325-2992

derek@derekjbryer.com

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5203 Lakeshore DR