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A2251325 - 4738 50 Street E, Sylvan Lake, Alberta T4S1G8




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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!

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ESSENTIAL
MLS®:A2251325
Price:349,900.00
Type:Residential
Sub Type:Detached
Style:Bungalow
Lot Size:6,490 sq. ft.
Levels:One
Total Sqft:490 Sqft.
RestrictionsDevelopment Restriction
DOM72
INTERIOR SNAPSHOT   
Baths Full:1
Baths Total:1
Bedrooms:1
Rooms Above:3
Flooring:Hardwood, Vinyl Plank
Heating:Natural Gas, Space Heater, Wall Furnace
Basement:Crawl Space
Suite:No


COMMUNITY DETAILS
Address:4738 50 Street E, Sylvan Lake, Alberta T4S1G8
City:Sylvan Lake
Subdivision:Downtown
County:Red Deer County
Province:Alberta
Postal Code:T4S1G8
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1947
Structure Type:House
Foundation:Block, Combination, Other
Frontage:15.24M 50`0"
Roof:Asphalt Shingle
Zoning:DC-50
Construction:Wood Siding
Parking Total:3
ROOM DIMENSIONS


Community Features: Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Inclusions: furniture (negotiable)
Lot Features: Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Interior Lot, Treed
Parking Features: Alley Access, Gravel Driveway, Single Garage Attached
Patio And Porch Features: None



Courtesy: Royal LePage Network Realty Corp.


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FAQs about 4738 50 Street E, Sylvan Lake,
Alberta, T4S1G8

4738 50 Street E MLS® A2251325 has an approximate size of 490 Sq. Ft. located in Downtown .

Nearby schools include read Schools & resources

There are 1 bedrooms and 1 bathrooms in this Residential listing at 4738 50 Street E, MLS® A2251325.

This Residential listings is priced at $349,900.

This property is located at 4738 50 Street E, Sylvan Lake, Alberta, T4S1G8 in the Downtown community on the market for 72 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Downtown community resources page.