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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$525,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
A rare find in Sylvan Lake’s coveted Marina Bay: this lakefront lot spans 3,738 sq ft and offers the ideal setting for your custom-built home. Positioned at the end of a quiet cul-de-sac, the property delivers sweeping water views, privacy, and a peaceful atmosphere just steps from the shoreline.Previously offered only as an optional add-on to the neighboring home at 180 Marina Bay Court, the lot is now available independently, unlocking a new opportunity for builders, dreamers, and investors alike. With mature landscaping and no structures to remove, this lot is construction-ready—providing a blank canvas for the lake home you’ve always envisioned.Ownership includes access to the private community marina, so you can step into a lifestyle of boating, paddleboarding, and waterfront recreation. Whether you're ready to build right away or planning for the future, this is a chance to create something truly special in a neighborhood known for its charm, character, and connection to the lake.Properties like this rarely come to market. For those seeking a prime location with water access, privacy, and long-term value, this Marina Bay lot checks all the boxes. Take the next step toward building your lakeside legacy. (id:39198)
Location
Province
Alberta
City
Sylvan Lake
Address
Marina Bay
Postal Code
T4S1E9
Location Highlights
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Listed by
CIR Realty Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$525,000
Asking Price
$525,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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