




This 3-bedroom, 2-bathroom single family in Sylvan Lake offers 1,332 sqft of living area on a 9,728 sqft lot. Built in 1947, 2 storeys. The property has lot dimensions of 9728.00. The home features vinyl flooring, space heater, electric, other heating, a partial basement, a fireplace. Highlights include a 4-car garage.
Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project.The Opportunity:Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above).Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water.Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase.The Site:Lot Size: 75 ft x 130 ft total.Servicing: Double detached garage already on site.Location: High-visibility/high-demand area within walking distance to the lake.This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction. (id:60351)
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Listed by Krysta Rush, Royal LePage Network Realty Corp.
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Listing represented by Krysta Rush, Royal LePage Network Realty Corp. · MLS# A2252047
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.