$3,700,000
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Corner of 47Th Avenue Highway 20, Sylvan Lake, AB T4S2J7

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SYLVAN LAKE IS BOOMING! 4 ACRES of prime commercial land zoned CNS (Serviced to property line and ready for development). This exceptional commercial development site is strategically located on the corner of Highway 20 and 47th Avenue in Iron Gate-Sylvan Lake subdivision. Its the only undeveloped commercial corner in what has transitioned into the thriving Town of Sylvan Lake's prime shopping corridor. The residential component of the quarter section is advancing rapidly with many phases complete and homes occupied. A 52 unit townhome site is rapidly selling (nearly sold out). There is a 98 unit apartment that is almost fully occupied south of this 4 acre commercial parcel, as well as a 1.69 acre multi family site (beside it) with a pending plan for an 89 unit luxury adult apartment. A 55 lot phase that is serviced (south of the 8 acre site-nearly sold out) with a mix of townhomes and single family homes is nearly sold out to builders with much of it already under construction or homes sold an occupied. The east side of the property has a 42 townhome lots development which currently is being built on. A 26 lot single family home phase has just been serviced on the south side of the property with home construction to begin this year. The balance of the quarter consists of 88 acres of residential development land on the south side that will begin development in 2025 and will consist of approximately 500 new homes. Sylvan Lake is conveniently located approximately 1 hr 10 minutes in between Calgary and Edmonton, 15 minutes from Red Deer, voted one of the six top beach destinations in western Canada...it's become true 4 seasons destination with an incredible number of annual tourists. Want a larger parcel, there are two more attached CNS commercial site of 2.21 acres (MLS #2241252) and 1.79 acres (MLS#A2241255) which could be combined to make an 8 acre site if desired. (id:58753)

Listing By: Brad Granlund - RCR - Royal Carpet Realty Ltd.
Source: CREA #A2241241 Listing provided courtesy of Canadian Real Estate Association
  • MLS® A2241241
  • Date Listed07/18/2025
  • Days on Realty 440 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 174,240 sq. ft
  • Subdivision Iron Gate

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 174,240.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4S2J7

Discover key demographics, population statistics, and environmental insights for the Sylvan Lake, AB area.

Walkability in AB / T4S2J7

Source: Walk Score

16/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

27/100

Bikable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 27/100.

Points of Interest near CORNER OF 47TH AVENUE HIGHWAY 20, Sylvan Lake, AB T4S2J7

Frequently Asked Questions for CORNER OF 47TH AVENUE HIGHWAY 20

Source: Realty.com

CORNER OF 47TH AVENUE HIGHWAY 20, Sylvan Lake, AB T4S2J7 in Iron Gate, Sylvan Lake, AB T4S2J7 is a land listed at $3,700,000. Realty.ca has 12 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 12 photos of CORNER OF 47TH AVENUE HIGHWAY 20.

The full address for this home is CORNER OF 47TH AVENUE HIGHWAY 20, Sylvan Lake, AB T4S2J7.

CORNER OF 47TH AVENUE HIGHWAY 20 has been listed on Realty.com since Fri July 18, 2025

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 27/100.

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