Prime multi-family development opportunity on Lakeshore Drive in Sylvan Lake! This 2.46-acre parcel is one of the last large development sites along the lakefront corridor and is ideally suited for future higher-density residential under the Town’s Urban Neighbourhood policy. The property is currently zoned Future Designation, requiring an Outline Plan and rezoning, but its location and size make it a standout candidate for townhomes, stacked townhouses, or low-rise multi-family. Surrounded by established neighbourhoods and within walking distance to the lake, schools, and amenities, this site offers unmatched potential for a signature residential project. Existing improvements include an older bungalow, barn, and quonset, with value placed on the land for redevelopment. A rare chance to secure premium infill land in one of Central Alberta’s fastest-growing communities.
Picture yourself rushing to get the kids out the door and to the school on a busy weekday morning, your coffee cup is still half full and you’re trying to find your daughter’s left shoe. We get it, mornings are chaotic! Make it easier by moving to Timberlands North. Everything you need for your kids is close by; skip the drop-off lane and walk your kids to class, or spend Sunday afternoons at the public library, just a few blocks from home. There are plenty of parks and playgrounds to choose from, with a special ice cream treat at Dairy Queen before heading home. Timberlands North is a family-friendly neighbourhood where safety is top of mind, with lighted walkways and paths so you can enjoy the great outdoors until the sun sets. You can choose the lot you want, with the builder you like, and create a beautiful and functional home that works for your family for years to come. It’s easy to picture yourself in Timberlands North!
Listing Brokerage: RE/MAX real estate central alberta
REDUCED-MOTIVATED SELLER-Looking for a home that ticks all the boxes? This one\'s a winner! You will enjoy the benefits of a prime location near the Health Complex. Inside, you\'ll find a spacious 3-bedroom family home with a bright and airy open concept living area, thanks to the large windows flooding the place with natural light. Need more space? The fully finished basement has you covered! Parking is a breeze with an attached garage, a front parking pad, and a double detached garage. And for the green thumbs out there, get ready to fall in love with the large, developed garden! And a handy shed for all your garden tools storage needs. Seriously, what\'s not to love? Come check it out!
Listing Brokerage: Royal LePage Mighty Peace Realty
Prime Retail/Commercial Opportunity in the Heart of Drumheller
Welcome to Centre Street — a rare opportunity to own a standout commercial retail building in downtown Drumheller With approximately 13,000 sq ft of space, this 3 level property offers significant frontage and visibility.
Ideal for retail, boutique showrooms, service-oriented businesses, or office-and-store combos, this property is set to capture both the local population and the steady tourist traffic visiting the dinosaur-valley.
Key highlights include:
• Excellent downtown location with strong walk-in potential and high frontage exposure
• A flexible commercial zoning classification.
• A three-storey structure, offering opportunity for multi-tenant configuration (retail on the main floor, offices or studios above)
• Located within the downtown zone of Drumheller—benefiting from a revitalization focus and supportive commercial policies
• Potential to cater to a wide array of business uses — from retail to fitness, wellness centre, coworking, or professional services
Why this property excels:
• It gives the new occupant or investor a chance to own on Centre Street in Drumheller — positioning their brand deliberately where foot traffic, visibility, and downtown vibrancy converge.
• The flexibility inherent in downtown commercial zoning allows for adaptive use—ideal for someone wanting to bring something new & creative to market.
• With appropriate build-out, the second and third floors offer potential for added value—be it premium office spaces, boutique accommodations, or event/creative studio use.
Opportunity snapshot:
For the savvy business owner or investor, 337 Centre St. is more than a space — it’s a statement location. Leverage the main floor as your showroom or retail presence, while unlocking additional revenue streams upstairs (lease to complementary users or integrate your own enterprise). With Drumheller’s tourism appeal and community presence, this site has the potential to thrive year-round.
Zoning & Regulatory Note:
The Town’s Planning & Development guidelines note that development permits are required when changing the type of business/occupancy.
• The Land Use Bylaw emphasizes mixing uses and being flexible in the downtown zone — encouraging adaptive reuse and flexibility rather than rigid single-use zoning.
• If you plan to change occupancy, add an upstairs user, change the floor layout, you’ll need a development permit for “changing use” according to the Town’s process.
Frank Lloyd Wright–Inspired Home | Built 1964 | Complete Renovation 2015 This architecturally inspired residence combines timeless design with modern upgrades. Originally built in 1964 and fully reimagined in 2015, the home was taken to the studs and completely rebuilt with a new main floor plan, updated systems, and refined finishes. Highlights Architecture & History: Frank Lloyd Wright–inspired design. Renovation 2015: Full interior gut and remodel, including new main floor layout. 2022: Entire landscaping and driveway redone with 8” paver stones; new fire pit; all backyard patio areas rebuilt with pavers; town-to-home plumbing line replaced 2024: Basement fully redeveloped into a private 2-bedroom, 1-bath dwelling with separate entrance. This is only the second time the home has been offered for sale. A rare opportunity to own a property with both architectural pedigree and modern livability.
Listing Brokerage: RE/MAX Alpine Realty
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