5116 50 Avenue, Sylvan Lake

  • Type: Lots and Land
  • Added: 3 weeks ago
  • Updated: 2 weeks ago
  • Last Checked: 1 week ago
  • Listed by: CIR Realty
  • View All Photos

Listing description
This Vacant Lot at 5116 50 Avenue Sylvan Lake, AB with the MLS Number a2248009 listed by Pat Garritty - CIR Realty on the Sylvan Lake market 3 weeks ago at $325,000.

Situated just a few blocks from the stunning lakefront and the vibrant heart of downtown Sylvan Lake, this expansive 100’ x 126’ (11,450 sq ft) lot offers incredible potential. Zoned West Village Residential District, this rare parcel allows for a wide range of development options — ideal for constructing fourplexes, townhomes, stacked row houses, or even a boutique apartment building (up to 4 storeys, as per the Sylvan Lake Land Use Bylaws). With proximity to the lake, amenities, and recreational hotspots, this property is the perfect canvas for a signature residential development in one of Alberta’s most desirable lake communities. Don't miss out on this prime investment opportunity — explore the potential today! (id:1945)
Exterior & Lot Features Learn about the exterior and lot specifics of 5116 50 Avenue
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.26
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Nearby Listings Stat Estimated price and comparable properties near 5116 50 Avenue

Active listings
215
Min Price
$18,000
Max Price
$8,360,000
Avg Price
$654,567
Days on Market
52 days
Sold listings
43
Min Sold Price
$139,900
Max Sold Price
$1,600,000
Avg Sold Price
$483,949
Days until Sold
64 days

Nearby Places Nearby schools and amenities around 5116 50 Avenue

Sylvan Meadows Adventist School (0.1 km)
PO Box 1006B, Sylvan Lake

H J Cody School (0.7 km)
Sylvan Lake

Sylvan Lake Career High School (0.8 km)
Suite 6-1 Sylvan Dr, Sylvan Lake

Central Alberta Martial Arts and Wellness Centre (0.2 km)
5006 50 Ave, Sylvan Lake

Best Western Plus Chateau Inn Sylvan Lake (0.3 km)
5027 Lakeshore Dr, Sylvan Lake

Lee Garden Restaurant & Lounge (0.3 km)
5024 50 St, Sylvan Lake

Pier 7 (0.4 km)
5227 Lakeshore Dr, Sylvan Lake

Pete's At The Beach (0.5 km)
4711 Lakeshore Dr, Sylvan Lake

Chief's Pub & Eatery (0.5 km)
4707 Lakeshore Dr, Sylvan Lake

Panago Pizza (0.5 km)
4609 50 Ave, Sylvan Lake

Chef Francisco Pub & Grill (0.6 km)
4609 Lakeshore Dr, Sylvan Lake

Obee's 2 For 1 Pizza & Pasta (0.6 km)
5004 46 St, Sylvan Lake

Bamboo Hut (0.6 km)
5052 46 St, Sylvan Lake

Bayview Cafe (0.3 km)
5100 Lakeshore Dr, Sylvan Lake

M&M Meat Shops (0.3 km)
Sylvan Lake

Spinnaker`s Coffee Bar (0.4 km)
5227 Lakeshore Dr #109, Sylvan Lake

The Fireside Restaurant & Lounge (0.4 km)
4907 Lakeshore Dr, Sylvan Lake

Sylvan Lake R V Park (0.5 km)
4305 50 Ave, Sylvan Lake

Dairy Queen (0.6 km)
4605 50 Ave, Sylvan Lake

The Big Moo Ice Cream Parlor (0.6 km)
4603 Lakeshore Dr, Sylvan Lake

Price History

August 13, 2025
by CIR Realty
$325,000
5116 50 Avenue
More Details?
Pat Garritty