Hinshaw Drive
Property Description
The Sylvan Lake Townhomes is a new, purpose-built 60-unit townhouse community to be delivered as a fully constructed, stabilized asset at the end of 2026. The project consists of six two-storey wood-frame buildings with modern design, durable exterior finishes, and efficient building systems. Each unit offers approximately 1,050 SF with in-suite laundry, contemporary kitchens, private entrances, and dedicated surface parking. Once complete, the property is projected to enter the Sylvan Lake market with best-in-class suite layouts and strong appeal to long-term residents seeking modern rental housing. The offering is available on a forward-sale basis, providing investors the opportunity to acquire new construction in one of Alberta's fastest-growing mid-sized communities, with limited exposure to construction delivery risk and a favourable lease-up environment supported by near-zero multifamily vacancy in Sylvan Lake.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $16,000,000 |
| No. of Units: | 60 |
| Year Built: | 2026 |
| Lot Size: | 2.96 Acres |
| Opportunity Zone: | No |
| Price per unit: | $266,667 |
| Property Website | Click Here |
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