Key insights
This home is
15%
Time on Houseful
57 Days
School rated
5/10
Sylvan Lake
-4.95%
- Houseful
- AB
- Sylvan Lake
- T4S
- 50 Street E Unit 4738
Highlights
Description
- Home value ($/Sqft)$714/Sqft
- Time on Houseful57 days
- Property typeSingle family
- StyleBungalow
- Median school Score
- Year built1947
- Garage spaces1
- Mortgage payment
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:63267)
Home overview
Amenities / Utilities
- Cooling None
- Heat source Natural gas
- Heat type Space heater, other
Exterior
- # total stories 1
- Fencing Not fenced
- # garage spaces 1
- # parking spaces 3
- Has garage (y/n) Yes
Interior
- # full baths 1
- # total bathrooms 1.0
- # of above grade bedrooms 1
- Flooring Hardwood, vinyl plank
Location
- Community features Golf course development, lake privileges, fishing
- Subdivision Downtown
- Directions 1460794
Lot/ Land Details
- Lot desc Fruit trees
- Lot dimensions 6490.64
Overview
- Lot size (acres) 0.15250564
- Building size 490
- Listing # A2251325
- Property sub type Single family residence
- Status Active
Rooms Information
metric
- Bathroom (# of pieces - 4) Level: Main
- Bedroom 2.844m X 2.743m
Level: Main - Other 2.743m X 2.438m
Level: Main - Kitchen 3.353m X 2.871m
Level: Main - Living room / dining room 3.353m X 2.871m
Level: Main
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28773828/4738-50-street-e-sylvan-lake-downtown
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates
$-933
/ Month25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%
Schedule a viewing
No obligation or purchase necessary, cancel at any time
Nearby Homes
Real estate & homes for sale nearby