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John Mayberry


  • Cell 403-921-7355

5127 Lakeshore Drive, Sylvan Lake, Alberta – $1,399,999

  • 4 Beds
  • 2 Baths
  • 2,000 Sqft
  • 1 Acres
  • 4 Beds
  • 2 Baths
  • 2,000 Sqft
  • 1 Acres

5127 Lakeshore Drive

PRIME DEVELOPMENT LAND! SUPER RARE COMMERCIAL OR HIGH RISE CONDO/MULTI-FAMILY OPPORTUNITY IN THE HEART OF SYLVAN LAKE! This one of a kind opportunity is over 30,000 sqft of land consisting of 4 seperate legally titled lots and two houses (with tenants), fronting on Sylvan Lake's premier lakeshore location, across from the Marina and the old waterslide location (now green space owned by the Town of Sylvan). Surrounded by restaurants, hotels, shopping, and multi-family apartments. Zoned Waterfront Direct Control (W-DC), this location is perfect for a wide variety of commercial and residential uses: condo, hotel, strip mall, offices, etc. Seller wants to sell as a complete package with all 4 properties included.

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Essential Information

Community Information



  • Interior FeaturesSee Remarks
  • HeatingNatural Gas 
  • Has BasementYes
  • BasementSee Remarks


Lot Description

Irregular Lot, Near Golf Course, Views

Additional Information

  • Days on Market256
  • ZoningW-DC


Royal Lepage Network Realty Corp.

This property, MLS CA0184289, has 4 bedrooms and 2 full baths and 0 half bathrooms. 5127 Lakeshore Drive is approximately 2000 square feet and was built in 1980.
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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on August 11th, 2020 at 12:35am MDT.