AB > Sylvan Lake > Downtown
Sylvan Lake, AB T4S1G8,4738 50 Street E
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Sylvan Lake, AB T4S1G8,4738 50 Street E
Sylvan Lake, AB T4S1G8,4738 50 Street E
Sylvan Lake, AB T4S1G8,4738 50 Street E
Sylvan Lake, AB T4S1G8,4738 50 Street E
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Max Ortoli

Max Ortoli

+1(416) 398-1111
$ 349,900
Est. payment /mo
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4738 50 Street E Sylvan Lake, AB T4S1G8

1 Bed

1 Bath

6,484 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 6,484 sqft

Price per Sqft $53

Subdivision Downtown

MLS® Listing ID A2251325

Style Bungalow

Bedrooms 1

Year Built 1947

Lot Size 6,490 Sqft

Acres 6490.64

Property Sub-Type Freehold

Source Central Alberta REALTORS® Association

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! 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. Please note this property cannot be purchased with conventional CMHC 5% down lending, and the rezoning does not allow for a single family detached home or major renovations to the existing structure. 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:24570)

Location

State AB

Rooms

Kitchen 1.0

Extra Room 1 Main level 9.33 Ft x 9.00 Ft Bedroom

Extra Room 2 Main level 9.00 Ft x 8.00 Ft Other

Extra Room 3 Main level 11.00 Ft x 9.42 Ft Kitchen

Extra Room 4 Main level 11.00 Ft x 9.42 Ft Living room/Dining room

Extra Room 5 Main level .00 Ft x .00 Ft 4pc Bathroom

Interior

Heating , Space Heater, Other

Cooling None

Flooring Hardwood, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Not fenced

Community Features Golf Course Development, Lake Privileges, Fishing

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Lot Description Fruit trees

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Royal LePage Network Realty Corp.
agent

Max Ortoli

+1(416) 398-1111

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4738 50 Street E