Corner Of 47th Avenue Highway 20, Sylvan Lake

Type: Lots and Land
Added: 1 month ago
Updated: 1 week ago
Last Checked: 1 week ago
Listed by: RCR - Royal Carpet Realty Ltd.
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Listing description
This Vacant Lot at Corner Of 47th Avenue Highway 20 Sylvan Lake, AB with the MLS Number a2241241 listed by Brad Granlund - RCR - Royal Carpet Realty Ltd. on the Sylvan Lake market 1 month ago at $3,700,000.

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. (id:1945)

Exterior & Lot Features Learn about the exterior and lot specifics of Corner Of 47th Avenue Highway 20

Lot Size Units: acres
Lot Size Dimensions: 4.00

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Nearby Listings Stat Estimated price and comparable properties near Corner Of 47th Avenue Highway 20

Active listings

162

Min Price

$18,000

Max Price

$8,360,000

Avg Price

$698,917

Days on Market

49 days

Sold listings

Min Sold Price

$139,900

Max Sold Price

$935,000

Avg Sold Price

$452,117

Days until Sold

51 days

Nearby Places Nearby schools and amenities around Corner Of 47th Avenue Highway 20

Sylvan Lake Modular Port I/II (0.9 km)
Sylvan Lake

C. P. Blakely Elementary School (0.9 km)
4815 43 St, Sylvan Lake

Steffie Woima Elementary School (1.4 km)
Sylvan Lake

Sobeys (0.2 km)
3715 47 Ave, Sylvan Lake

Domino's Pizza (0.2 km)
3715 47 Ave #415, Sylvan Lake

McDonald's (0.3 km)
50 Hewlett Park Landing, Sylvan Lake

30 Minute Hit (0.3 km)
Suite 3-40 Hewlett Park Landng, Sylvan Lake

Joey's Seafood Restaurants Sylvan Lake (0.5 km)
21 Beju Industrial Dr, Sylvan Lake

Boston Pizza (0.7 km)
61 Beju Industrial Dr, Sylvan Lake

Taco Time (1.1 km)
3715 47 Ave, Sylvan Lake

Booster Juice (1.1 km)
3715 47 Ave #435, Sylvan Lake

Railside Bowl & Pizza Hut (1.4 km)
4505 50 Ave, Sylvan Lake

Comfort Inn & Suites (0.6 km)
13 Beju Industrial Dr, Sylvan Lake

Waves Coffee House (1.1 km)
3715 47 Ave #100, Sylvan Lake

Tim Hortons (1.2 km)
4 Erickson Dr, Sylvan Lake

Quiznos (1.1 km)
Suite 415-3715 47 Ave, Sylvan Lake

Dairy Queen (1.4 km)
4605 50 Ave, Sylvan Lake

Arashi Do Martial Arts Sylvan Lake (1.5 km)
4 Erickson Crescent, Sylvan Lake

Sylvan Lake R V Park (1.5 km)
4305 50 Ave, Sylvan Lake

Sylvan Lake Provincial Park (1.6 km)
Sylvan Lake

Price History

Listed

July 18, 2025

by RCR - Royal Carpet Realty Ltd.

Lots and Land For Sale

$3,700,000

Corner Of 47th Avenue Highway 20, Sylvan Lake

Listing description This Vacant Lot at Corner Of 47th Avenue Highway 20 Sylvan Lake, AB with the MLS Number a2241241 listed by Brad Granlund - RCR - Royal Carpet Realty Ltd. on the Sylvan Lake market 1 month ago at $3,700,000.

Nearby Listings Stat Estimated price and comparable properties near Corner Of 47th Avenue Highway 20

Nearby Places Nearby schools and amenities around Corner Of 47th Avenue Highway 20

Price History

Similar Vacant Land For Sale

Listing description
This Vacant Lot at Corner Of 47th Avenue Highway 20 Sylvan Lake, AB with the MLS Number a2241241 listed by Brad Granlund - RCR - Royal Carpet Realty Ltd. on the Sylvan Lake market 1 month ago at $3,700,000.