Prime Downtown Waterfront Development Opportunity
Seize the chance to own a rare parcel in the heart of Sylvan Lake’s vibrant downtown! This corner lot is zoned W-DC (Waterfront Direct Control), allowing for an exciting range of commercial and mixed-use possibilities as outlined in the Town’s Sustainable Waterfront Area Redevelopment Plan. Located steps from the lake, this site offers high visibility, strong pedestrian traffic, and immediate proximity to thriving shops, restaurants, and waterfront attractions.
With permitted uses including restaurants, brewpubs, retail, hotels, offices, personal services, and mixed-use developments, plus discretionary options such as daycares, recreation facilities, and boutique accommodations, the possibilities are extensive. Zoning encourages active ground-floor commercial space with opportunities for upper-level residential or office, making it ideal for developers looking to create a destination property.
Whether you envision a trendy eatery with patio seating, boutique retail, or a signature mixed-use building, this property is ready for your vision. Act now to secure your footprint in one of Sylvan Lake’s most sought-after locations.
Data was last updated September 7, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$347,000
Min list price:
$74,000
Max list price:
$5,000,000
Avg days on market:
113
Min days on market:
9
Max days on market:
1,126
These statistics are generated based on the current listing's property type
and located in
Sylvan Lake. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.