4738 50 Street E Downtown, Sylvan Lake, Alberta, CA

Address: 4738 50 Street E, Sylvan Lake, Alberta

1 Beds1 Baths490 sqftStatus: Buy
Price $349,900

Property Overview


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! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
490 sqft
Community Name
Downtown
Subdivision Name
Downtown
Title
Freehold
Land Size
6490.64 sqft|4,051 - 7,250 sqft
Built in
1947
Parking Type
Gravel,Attached Garage(1)
Building
Bedrooms
Above Grade
1
Bathrooms
Total
1
Interior Features
Appliances Included
Refrigerator, Stove, Window Coverings, Washer & Dryer
Flooring
Hardwood, Vinyl Plank
Basement Type
Crawl space
Building Features
Features
Treed, Back lane, Wood windows
Foundation Type
Block, See Remarks
Style
Detached
Architecture Style
Bungalow
Square Footage
490 sqft
Total Finished Area
490 sqft
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Space Heater, Other
Exterior Features
Exterior Finish
Wood siding
Neighbourhood Features
Community Features
Golf Course Development, Lake Privileges, Fishing
Amenities Nearby
Golf Course, Playground, Schools, Shopping, Water Nearby
Parking
Parking Type
Gravel,Attached Garage(1)
Total Parking Spaces
3
Land
Lot Features
Fencing
Not fenced
Other Property Information
Zoning Description
DC-50
Level Rooms Dimensions
Main level Bedroom 9.33 Ft x 9.00 Ft
Other 9.00 Ft x 8.00 Ft
Kitchen 11.00 Ft x 9.42 Ft
Living room/Dining room 11.00 Ft x 9.42 Ft
4pc Bathroom .00 Ft x .00 Ft

Features
           Treed            Back lane            Wood windows
           Gravel            Attached Garage(1)            Refrigerator
           Stove            Window Coverings            Washer & Dryer
           None
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Your Home Finance Calculation

Property Price CA $349,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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