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Type
Vacant Land
On market
13d
Prime Commercial Development Opportunity in Sylvan Lake. Seize this rare chance to secure 0.71 acres of premium commercial land in the sought-after Pelican Place area. Perfectly positioned with excellent visibility and access, this property offers a blank canvas for your business vision, whether it is retail, office, hospitality, medical, professional services, or mixed-use. Enjoy the benefits of DC-50 zoning, providing flexibility for a variety of development possibilities. Utilities including electricity and natural gas are already at the lot line, saving you time and cost during construction. With 81 meters of frontage and 41.5 meters of depth, you have the space to create an impressive presence in one of Sylvan Lake’s growing commercial hubs. Located near police, fire, pharmacy services, and a medical clinic, this site offers convenient access to key community amenities. The property also provides quick and easy access to Highway 11 between Red Deer and Rocky Mountain House, helping connect your future business to regional traffic and surrounding communities. And from just the right spot on the west side, you may even catch a peek of the lake at the bottom of the hill. Located in a vibrant community just minutes from the lakefront, this lot is ideal for attracting both local traffic and seasonal visitors. Immediate possession means you can start your project without delay. Bring your vision to life in a location where business thrives, your future starts here at 130 Pelican Place. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 28, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.