Detached Active

4738 50 Street E

Sylvan Lake, AB · T4S 1G8

$345,900CAD
  • 1Bedrooms
  • 1Bathrooms
  • 490Sq Feet
  • Alley Access, Gravel Driveway, Single Garage AttachedGarage
  • 1947Year Built

About this home

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!

Highlights

  • Bungalow
  • Detached Garage
  • Downtown
  • Hardwood Floors
  • Investment Property
  • Natural Gas
  • No Basement
  • Recently Updated
  • Rv Parking

What's nearby

  • Cafe
  • Golf
  • Library
  • Park
  • Pharmacy
  • Place Of Worship
  • Playground
  • Pool
  • Rec Centre
  • Restaurant

Property facts

Interior

Bedrooms
1
Bathrooms
1
Square Feet
490
Flooring
Hardwood, Vinyl Plank
Basement
Crawl Space
Heating
Natural Gas, Space Heater, Wall Furnace
Cooling
None

Building

Property Type
Detached
Structure
House
Style
Bungalow
Year Built
1947
Garage
Alley Access, Gravel Driveway, Single Garage Attached

Lot & Zoning

Lot Size
0.15
Zoning
DC-50

Condo & Fees

Restrictions
Development Restriction

Location

Community
Downtown
City
Sylvan Lake
Postal Code
T4S 1G8

Listing

MLS® Number
A2251325
Days on Market
314
Price per Sq Ft
$706/sqft
Taxes
$2,021.54 (2024)

Location

4738 50 Street E, Sylvan Lake, AB · T4S 1G8