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Royal LePage
Royal LePage
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$349,900

1+0 Beds

1 Bath

490 FEETSQ

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Sylvan Lake AB, T4S 1G8

MLS® # A2251325

Property Information:

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!

Inclusions: furniture (negotiable)

Building Features:

  • Total Finished Area: 490.00

Property Features:

  • Bedrooms: 1+0
  • Bathrooms: 1+0
  • Architectural Style: Bungalow
  • Built in: 1947
  • Construction Materials: Wood Siding
  • Cooling: None
  • Exterior Features: Private Yard
  • Fireplace Features: Electric, Gas
  • Floor Space (approx): 490.00 Square Feet
  • Flooring: Hardwood
  • Foundation Details: Block, Combination, Other
  • Heating: Natural Gas, Space Heater, Wall Furnace
  • Interior Features: Ceiling Fan(s)
  • Levels: One
  • Lot Size: 6490.00 Square Feet
  • Parking Features: Alley Access, Gravel Driveway, Single Garage Attached
  • Roof: Asphalt Shingle
  • Zoning: DC-50
  • No. of Parking Spaces: 3

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 4738 50 Street EAST, Sylvan Lake, AB, T4S 1G8

Demographic Information of 4738 50 Street EAST, Sylvan Lake, AB, T4S 1G8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$119,897.50

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.11 %

High school certificate or equivalent

35.09 %

Apprenticeship trade certificate/diploma

15.78 %

College/non-university certificate

19.71 %

University Degree

11.31 %

Commuter

Travel To Work

By Car

87.6 %

By Public Transit

0.0 %

By Walking

9.57 %

By Bicycle

0.0 %

By Other Methods

2.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.31 %

Houses

70.69 %

Own Vs. Rent

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