4738 50 Street E
Sylvan Lake, Alberta
MLS® A2251325
$345,900
- Status
- Active
- Property type
- House
- MLS® number
- A2251325
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- 1947
1 / 22Listing description
This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake.
The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025.
An amazing opportunity to own in the hub of Sylvan Lake! REDEVELOP to MULTI FAMILY DC50 ZONING!
Property summary
- MLS® number
- A2251325
- Property type
- Single Family
- Building type
- House
- Square footage
- 490 sq ft
- Title
- Freehold
- Land size
- 6490.64 square feet
- Built in
- 1947
- Annual property taxes
- $2,021.54
- Parking
- 3 spaces · Attached Garage, Gravel
- Days on market
- 366 days
Features & details
- Heating
- Space Heater, Natural gas, Other
- Cooling
- None
- Basement
- Crawl space
- Flooring
- Hardwood, Vinyl Plank
- Appliances
- Refrigerator, Stove, Window Coverings, Washer & Dryer
- Exterior features
- Wood siding
- Lot features
- Treed, Back lane, Wood windows
- Community features
- Golf Course Development, Lake Privileges, Fishing
- Architectural style
- Bungalow
What would this home cost you?
Based on the $345,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Network Realty Corp., Sylvan Lake.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.