5650 Lakeside Way, Innisfail
Prime 22-acre development opportunity in Innisfail, Alberta, ideally located within town limits on Highway 42 and directly across from the 27 hole Innisfail Golf Course, offering exceptional exposure, access, and long-term upside. Zoned R-1 and R-2, this parcel presents strong potential for residential subdivision development including single-family homes, entry-level housing, or phased community builds, while also appealing to builders and multi-family developers seeking townhouse, duplex, or low-density multi-family opportunities (subject to municipal approval). Positioned in a growing Central Alberta market along the QEII corridor between Calgary and Edmonton, this property is well-suited for developers, builders, and investors looking to scale projects, diversify product types, and maximize returns. With proximity to established neighborhoods, schools, parks, and amenities, this is a rare chance to secure a high-demand development site and capitalize on Innisfail’s continued population growth and housing demand. Set in the welcoming town of Innisfail, known for its strong sense of community, excellent schools, and abundant recreation, this property also benefits from its location along Highway 42—one of the area’s main arteries. The steady flow of traffic and convenient access enhance both lifestyle appeal and future development potential, creating an ideal balance between small-town charm and strategic connectivity. (id:1945)
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Property details for 5650 Lakeside Way, Innisfail
- Type
- Lots and Land
- Lot Size
- 22.00
- Ownership
- Freehold
- Annual Taxes
- $4,872 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 5650 Lakeside Way
Active Listings
31
Min Price
$75,000
Max Price
$1,500,000
Avg Price
$446,339
Days on Market
68
days
Sold Listings
22
Min Sold Price
$100,550
Max Sold Price
$774,900
Avg Sold Price
$379,435
Days until Sold
80
days
Price History
Listed
April 6, 2026
by RE/MAX real estate central alberta
Current Price
$1,500,000
Type
Lots and Land
For Sale
