This 0.692 acre property is located in the middle of a ‘Y’, facing the lake, 1/2 block off Lakeshore Drive in Sylvan Lake. The property is in an excellent location for high-density residential development. It is arguably the best location in Town for a new high-density residential project.
The property has clear, unobstructed views of Sylvan Lake, with 166 feet of property frontage facing the lake down the 51 Street view corridor.
The property is situated directly adjacent to the downtown commercial core, on the west side. As it is located a half block south of Lakeshore Drive, it has the advantage of being in a quiet neighbourhood, and not exposed to the larger traffic volumes along Lakeshore Drive, while still being steps away from the lake.
This large property adjacent to the downtown and waterfront commercial areas has street frontage on four sides, with a small park space on its northern boundary. It is a very flexible site in a prime location for many different types of high-density residential development.