Sylvan Lake, AB T4S1G8,4738 50 ST E
Sylvan Lake, AB T4S1G8,4738 50 ST E
Sylvan Lake, AB T4S1G8,4738 50 ST E
Sylvan Lake, AB T4S1G8,4738 50 ST E
Sylvan Lake, AB T4S1G8,4738 50 ST E
Sylvan Lake, AB T4S1G8,4738 50 ST E
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$ 349,900
Est. payment | /mo

1 Bed

1 Bath

490 SqFt


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$ 349,900
Est. payment | /mo
Save

1 Bed

1 Bath

490 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 490 sqft

Price per Sqft $714

Subdivision Downtown

MLS® Listing ID A2251325

Style Bungalow

Bedrooms 1

Full Baths 1

Year Built 1947

Annual Tax Amount $2,021

Tax Year 2024

Lot Size 6,490 Sqft

Acres 0.15

Property Sub-Type Detached

Source Central Alberta

Property 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!

Location

Province AB

County Red Deer County

Zoning DC-50

Direction E

Rooms

Basement Crawl Space, None

Interior

Interior Features Ceiling Fan(s), Wood Windows

Heating Natural Gas, Space Heater, Wall Furnace

Cooling None

Flooring Hardwood, Vinyl Plank

Fireplaces Type Electric, Gas

Inclusions furniture (negotiable)

Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Laundry In Unit

Exterior

Parking Features Alley Access, Gravel Driveway, Single Garage Attached

Garage Spaces 1.0

Garage Description Alley Access, Gravel Driveway, Single Garage Attached

Fence None

Community Features Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Lot Frontage 50.0

Total Parking Spaces 3

Building

Lot Description Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Interior Lot, Treed

Foundation Block, Combination, Other

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Siding

Others

Restrictions Development Restriction

Tax ID 101408613

Ownership Private

Listed by Royal LePage Network Realty Corp.

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