5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
5203 Lakeshore DR, Sylvan Lake, AB T4S 1E8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 750,000
Est. payment | /mo

9,860 Sqft Lot


Save
$ 750,000
Est. payment | /mo
Save

9,860 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Subdivision Central Core

MLS® Listing ID A2319778

Annual Tax Amount $6,442

Tax Year 2025

Lot Size 9,860 Sqft

Acres 0.23

Property Sub-Type Commercial Land

Source Calgary

Property Description

Click Brochure link for more details** Lakeshore Corner represents an exceptional opportunity to acquire a 9,860 sqft development siter featuring 53 feet of prime frontage on Lakeshore Drive. The offering is elevated by the potential for a significant land assemblage opportunity to also acquire the adjacent Edgewater Inn and the 5207 Lakeshore Drive property. This strategic combination allows for the creation of a landmark consolidated site, unlocking the potential for a large-scale project that would command a premier corner of the waterfront. A future development will benefit from unparalleled access to Sylvan Lake's best amenities and a location next to existing luxury projects. With deep municipal utilities ready at the lot line, the Site provides the ideal foundation for a landmark commercial and residential development in one of Alberta's most popular lakeside communities. The Site is the definitive epicenter of Sylvan Lake, located just steps from the 1.6 km waterfront promenade and sandy beach. It is situated in the heart of the high-traffic commercial strip, offering a brief two to five minute walk to the town's most popular destinations, including the pier, microbreweries, rooftop dining, and public boat launches. Sylvan Lake is a proven year-round destination. Beyond the summer draw of boating and the Aqua Splash, the town hosts major events like Canada Day and Winterfest. In winter, the vibrant Winter Village, ice skating, and ice fishing drive continuous visitor traffic and commercial demand, ensuring year-round viability for retail and desirability for residents. The lot is located in the Waterfront Commercial District (CW). This valuable designation encourages mixed-use developments that blend ground-floor retail, tourist services, or restaurants with upper-floor residential or multi-family condo units. The site commands a strategic corner location with 53 feet of premium frontage on Lakeshore Drive and an additional 97 feet along 52nd Street. This dual frontage ensures maximum brand visibility, offers prominent lake views, and provides flexible design and access options for future development. Being positioned in a mature, established municipal grid, the lot boundaries are serviced with deep municipal water, sewer, natural gas, and electricity lines, making development planning far faster than rural lakefront plots.

Location

Province AB

County Red Deer County

Zoning W-DC

Interior

Inclusions See Remarks

Exterior

Fence None

Community Features Lake, Shopping Nearby, Sidewalks, Street Lights

Utilities Available Electricity at Lot Line, Water At Lot Line, Natural Gas at Lot Line, See Remarks

Waterfront Description See Remarks

Others

Restrictions See Remarks

Tax ID 101651570

Ownership Private

Listed by Honestdoor Inc.
LOCATION AND OTHER NEARBY PROPERTIES

Go tour this home

5203 Lakeshore DR

REVIEWS

Geeta Singh

As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.

Sartaj Sekhon

Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary. What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road. Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue! If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!

Charlene Soares

Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
Viren Vijayashankar

Viren Vijayashankar

Agent CON-00135400

+1(587) 742-8877

GET MORE INFORMATION

Name
Phone*
Message