Brett Salomons Phone: 403-343-3023 Email: [email protected]

For questions about municipal activities such as zoning, land-use, permits, incentives
Amanda Mercer, Town of Sylvan Lake 403-887-1185 | [email protected] https://invest.sylvanlake.ca/

For questions about government programs and investing in Alberta Email: [email protected]

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. 

Building Overview

  • Close to Highway 11
  • R3 Zoning
  • Situated on a High Traffic Corner
  • Multi Family Land ready for Development

Details
Available Space: 3ac
Price: $459,464
Location Street Address: 7 Broadway Rise
Service Type: TBD
Space Zoning: R3 - High Density Residential District
Lot Size: 3.27 AC
Lot Size Units: AC
Space Types: Land
Property Types: Multifamily
Property Zoning: R3 - High Density Residential District

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 11 - Less than 1 km (High Load Corridor)
  • Highway 20 - 1.71 km (High Load Corridor)
  • Highway 11A - 3.73 km
  • Highway 781 - 6.55 km
  • Highway 592 - 16.27 km
Nearest hospital:
  • Red Deer Regional Hospital Centre - 19.43 km
Nearest airports:
  • Regional: Red Deer Regional Airport - 18.46km
  • International: Edmonton International Airport - 118.67km
Nearest powerlines:
  • AltaLink - 900L 240kv - 4.06 km
Nearest substations:
  • SYLVAN LAKE - 580S , AltaLink - 6.56 km
Nearest railways:
  • Canadian National, Class : Main - 1.83 km
Nearest gas franchise area:
  • ATCO Gas - Town Of Sylvan Lake
Nearest Power Plant:
  • Dickson Dam (DKSN), Algonquin Power Operating Trust - 27.82 km
    Hydro, 15 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Yard CP Red Deer Yard Canadian Pacific
16.62 KM
Transload CP Penhold Custom Bulk Services
  • Steel
  • frac sand
  • bulk
  • grain
23.06 KM
Transload CN Red Deer TRANSX
  • Metals and minerals
  • forest products
20.89 KM
Grain CP Bowden Paterson Grain
  • Grain
38.9 KM
Grain CP Lacombe Richardson Pioneer
  • Grain
31.66 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Sylvan Lake, AB
...
Sylvan Lake's working age population of 10,805 makes up a large share (67%) of its total population.
...
Sylvan Lake has a young population, with an average age of 36 compared to the Alberta average age of 39.
...
Sylvan Lake's workforce is specialized in Oil and Gas, and Construction.

Community Economic Details: Sylvan Lake, AB
Click on a tile to open the indicator page and view more details.

Site Data Provided by:
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