Cottage Area, Sylvan Lake · MLS® A2344909
5,075 sq ft lot · Land · Vacant Land · 43 days on market
listed by Glen Goodall, RE/MAX real estate central alberta
DEVELOPMENT OPPORTUNITY! Build your lake home in the cottage area or take it to the next level with a four-plex or potential apartment building on this 50x130 vacant lot just steps from the lake in the cottage area. Permitted Uses: Accessory buildingsAdult care residence - Bed and breakfast services - Detached dwellings - Duplexes - Four-plexesHome occupation, Class B, provided the parcel does not contain a secondary suite and it is the first on the parcel - Secondary suite located in single detached dwellings - Stacked row houseTriplexDiscretionary Uses: Accessory usesApartments - Day care facilities - Garage Suites - Home occupation, Class B, if the parcel contains a secondary suite or it is the second or subsequent home occupation on the parcelHome occupation, Class C - Multiple housing developments - Public and quasi-public uses -Public utility buildings - Secondary suite located in duplexes and row houses - Social care facilities
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $3,899 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $2,139 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 83/100 · Very walkable: most errands on foot
Within a 10 minute walk: 21 places to eat or drink, 3 cafes, 6 parks and playgrounds, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.