AB > Sylvan Lake > Downtown
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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Ben Sweet

Ben Sweet

+1(403) 774-7447
$349,900
Est. payment /mo
1 Bed
1 Bath
490 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 490.0

Square Footage 490 sqft

Price per Sqft $714

Subdivision Downtown

MLS Listing ID A2251325

Style Bungalow

Bedrooms 1

Full Baths 1

Year Built 1947

Lot Size 6,534 Sqft

Property Sub-Type Detached

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 0263

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

Zoning DC-50

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)

Laundry In Unit

Exterior

Exterior Feature Private Yard

Parking Features Alley Access, Gravel Driveway, Single Garage Attached

Garage Spaces 1.0

Fence None

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

Roof Type Asphalt Shingle

Building

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

Dwelling Type House

Foundation Block, Combination, Other

New Construction No

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Listed by Royal LePage Network Realty Corp.

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Ben Sweet

Ben Sweet

+1(403) 774-7447

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4738 50 ST E