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]

The Alexander brings a fresh chapter to Sylvan Lake’s evolving waterfront, blending modern design with the energy of a growing, tourism-driven community. Set on the newly revitalized Lakeshore Drive, this mixed-use development offers six premium main-floor commercial units available for pre-lease—perfectly positioned to capitalize on seasonal pedestrian zones, bustling summer activity, and year-round local engagement.

A thoughtfully designed breezeway walkway between the commercial units enhances pedestrian flow, creating a natural connection point between the street and surrounding areas. This feature not only encourages exploration but also supports a more inviting, accessible environment for both locals and visitors.

Above, 44 stylish residential condominiums provide a built-in customer base, while the commercial frontage ensures maximum visibility and foot traffic—ideal for retail, boutique services, or cafés. Drawing inspiration from Sylvan Lake’s early days as a gathering place, The Alexander is more than a place to live or work—it’s a destination rooted in connection, commerce, and coastal charm.

With easy access to Red Deer, Edmonton, and Calgary, and surrounded by the natural beauty and vibrancy of Central Alberta’s premier lakeside town, The Alexander offers businesses a unique opportunity to anchor themselves in one of the region’s most sought-after locations.

Construction is expected to commence in spring of 2026 with a targeted possession date for Summer 2027.

Building Overview

New mixed-use development

Details
Available Space: 1282ft²
Price: $41/ft²/yr
Base Rent: $32/ft²/yr
Location Street Address: 4515 Lakeshore Drive
Lease Type: direct
Service Type: TBD
Additional Rent: 9.0
Space Sprinklers: Yes
Space Zoning: CW - Waterfront Commercial District
Space Types: Retail
Suite Number: 104
Building Name: Main
Property Types: Office
Property Sprinklers: Yes
Property Zoning: CW - Waterfront Commercial District

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 11A - 1.81 km
  • Highway 20 - 1.81 km (High Load Corridor)
  • Highway 11 - 3.2 km (High Load Corridor)
  • Highway 781 - 8.85 km
  • Highway 12 - 17.11 km (High Load Corridor)
Nearest hospital:
  • Red Deer Regional Hospital Centre - 19.59 km
Nearest airports:
  • Regional: Red Deer Regional Airport - 20.55km
  • International: Edmonton International Airport - 115.95km
Nearest powerlines:
  • AltaLink - 900L 240kv - 6.35 km
Nearest substations:
  • SYLVAN LAKE - 580S , AltaLink - 8.89 km
Nearest irrigation systems:
  • Within 130.82 km
Nearest railways:
  • Canadian National, Class : Main - 0.29 km
Nearest gas franchise area:
  • ATCO Gas - Town Of Sylvan Lake
Nearest Power Plant:
  • Blackfalds (BFD1), BTG Power Corp. - 25.74 km
    Cogeneration, 6 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
16.4 KM
Transload CP Penhold Custom Bulk Services
  • Steel
  • frac sand
  • bulk
  • grain
24.6 KM
Transload CN Red Deer TRANSX
  • Metals and minerals
  • forest products
20.47 KM
Grain CP Bowden Paterson Grain
  • Grain
41.16 KM
Grain CP Lacombe Richardson Pioneer
  • Grain
30.01 KM
Highways
Airports
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 had a 5-year population growth rate of 13.4%, among the highest in Alberta.
...
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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