HIGHWAY 20 TOWNSHIP ROAD 391
Sylvan Lake, Alberta T4S 1T2, Canada

MLS#: A2186720

$4,814,338 USD

CA$6,900,000 CAD

Minimum sellable space
501,729m² (123.98ac)
The details

Property features

Date Updated: Jan 15, 2025

Other features

Property features
Fireplace

Area

Land/Lot size
501,729m² (123.98ac)

Description

SYLVAN LAKE DEVELOPMENT OPPORTUNITY! CALLING ALL INVESTORS AND DEVELOPERS! This Quarter-section (123 acre parcel) is situated in the heart of the Central Alberta Region on Highway 20. To the west is the Summer Village of Jarvis Bay, to the north is TWP Road 391, to the east is the Lakewood Golf Resort and to the south is open farm land which stretches 0.8 kilometers to the town of Sylvan Lake. This Property is located 25 minutes west of Red Deer, and 90 minutes from Calgary and Edmonton. The area structure plan in place consists of 80 single family homes, 260 duplexes, one social care and 2 commercial lots. The lots are Approximately 40% -lakeview, 15% - park side, 15% - Golf Course views and 3% -border pristine wetlands. The farmhouse is currently tenanted. There is a surface lease in place. The Zoning is for Residential Low Density District “R-3” and Direct Control District No.25 “DCD-25” and deemed that the subdivision as proposed complies with The Municipal Government Act, The Municipal Development Plan, The Sylvan Lake/Red Deer County Intermunicipal Plan, The Sanbar Local Area Structure Plan and The Land Use Bylaw. Contact us today for more information!

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Location

HIGHWAY 20 TOWNSHIP ROAD 391, Sylvan Lake, Alberta T4S 1T2, Canada
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