3.27 ACLand$459,464Sale
3.27 AC
Land
$459,464
Sale
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PRICE IMPROVEMENT
Up to 3.27 acres of multi-family land ready for development, in the Beacon Hill neighbourhood situated on the corner of 50th Street and Memorial Trail in Sylvan Lake. Currently (2) apartment buildings are located on north and west side of Block 1. Sylvan Lake is a vibrant lakeside community, that has a population of 16,802 (2022). Boasting around 1 million visitor makes Sylvan Lake a sought after destination. Located only 25 KM west of Red Deer and in between Edmonton and Calgary.
5 Broadway Rise $459,464.83 ($304,281.5/per acre): 1.51 Acres; 2023 Property Taxes: $3,107.94
7 Broadway Rise $535,535.17($304,281.5/per acre): 1.78 Acres; 2023 Property Taxes: $3,435.58
R3 zoning permits these uses: Accessory Buildings, Apartments, Four-plexes, Row Housing, Stacked Row House, Triplex.
The Space
Asking Price$459,464
Available Space3.27 AC
ZoningR3 - High Density Residential District
SourceSalomons Commercial
The Building
- Close to Highway 11
- R3 Zoning
- Situated on a High Traffic Corner
- Multi Family Land ready for Development
Property TypeMultifamily
Lot Size3.27 AC
ZoningR3 - High Density Residential District
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