For Sale: 5650 Lakeside Way, Innisfail, AB - REW
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$1,500,000
0 bd ba sf Land/Lot

5650 Lakeside WayInnisfail, AB, T4G 0H4

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Prime 22-acre development opportunity in Innisfail, Alberta, ideally located within town limits on Highway 42 and directly across from the 27 hole Innisfail Golf Course, offering exceptional exposure, access, and long-term upside. Zoned R-1 and R-2, this parcel presents strong potential for residential subdivision development including single-family homes, entry-level housing, or phased community builds, while also appealing to builders and multi-family developers seeking townhouse, duplex, or low-density multi-family opportunities (subject to municipal approval). Positioned in a growing Central Alberta market along the QEII corridor between Calgary and Edmonton, this property is well-suited for developers, builders, and investors looking to scale projects, diversify product types, and maximize returns. With proximity to established neighborhoods, schools, parks, and amenities, this is a rare chance to secure a high-demand development site and capitalize on Innisfail’s continued population growth and housing demand. Set in the welcoming town of Innisfail, known for its strong sense of community, excellent schools, and abundant recreation, this property also benefits from its location along Highway 42—one of the area’s main arteries. The steady flow of traffic and convenient access enhance both lifestyle appeal and future development potential, creating an ideal balance between small-town charm and strategic connectivity.
Listed by: Darcy Blair, RE/MAX real estate central alberta

Home facts and features

Price details
List Price
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
22 ft²
Features
Lake, Many Trees, Near Golf Course, Near Ski Hill, Private, Subdivided, Treed, Views
Agent details
Primary Agent
Primary Broker
RE/MAX real estate central alberta
Secondary Agent
Secondary Broker
RE/MAX real estate central alberta
Listing details
Days on REW
60 Days
MLS® Number
A2299324
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

École Innisfail Middle School
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École John Wilson Elementary School
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École Innisfail Junior Senior High School
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St. Marguerite Bourgeoys School
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Grimmon House
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Innisfail Career High School
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Bowden (Grandview) School
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Jessie Duncan Elementary School
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Penhold Crossing Secondary School
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Penhold Elementary School
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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-05.