Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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5039 50 Street
Downtown Sylvan Lake T4S 1P9

$385,000
Land

Main Photo: 5039 50 Street in Sylvan Lake: Downtown Commercial Land for sale : MLS®# A2323831
Photo 1: 5039 50 Street in Sylvan Lake: Downtown Commercial Land for sale : MLS®# A2323831
Photo 2: 5039 50 Street in Sylvan Lake: Downtown Commercial Land for sale : MLS®# A2323831
Status:
Active
Prop. Type:
Land
MLS® Num:
A2323831
Situated in an excellent high-visibility location along bustling 50 Street, this 5,579 sq ft commercially zoned lot offers outstanding development potential just a short walk from the lake and only moments from Lakeshore Drive. With 36 feet of frontage, the property provides excellent exposure in one of Sylvan Lake’s most desirable and active corridors. Zoned W-DC, development opportunities are subject to approval by the Town of Sylvan Lake’s Development Authority, allowing for a range of possibilities suited to this vibrant lakeside community. According to Town of Sylvan Lake bylaws, there is potential for development up to four storeys, further enhancing the site’s investment appeal. Rear lane access provides convenient parking options, adding to the functionality and versatility of this prime commercial opportunity.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
5,544 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Plan:
RN81
Ensuite:
No
Garage:
No
Downtown (Sylvan Lake)
N/A
Utility Right Of Way
Title to Land:
Fee Simple
Lot Features:
Level, Near Shopping Center
Num. of Parcels:
0
Fencing:
Partial
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Jun 26, 2026
  • Photo 1: 5039 50 Street in Sylvan Lake: Downtown Commercial Land for sale : MLS®# A2323831
    Photo 1 of 2
  • Photo 2: 5039 50 Street in Sylvan Lake: Downtown Commercial Land for sale : MLS®# A2323831
    Photo 2 of 2
Larger map options:
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Listed by Royal LePage Network Realty Corp.
Data was last updated July 2, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$249,000
Min list price:
$74,000
Max list price:
$3,700,000
Avg days on market:
86
Min days on market:
5
Max days on market:
889
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.
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DIANE RICHARDSON
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.

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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.