For Sale

4738, 50 Street E, Alberta, Sylvan Lake

1 Beds 1 Bath 490 Sqft

$349,900

About Property

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!

1 Bedrooms
1 Bathrooms
490 sq ft
Garage
SingleFamilyResidence
Built 1947
Active
1 Floor
Interior Details
  • Ceiling Fan(s)
  • Wood Windows
Outdoor Details
  • Private Yard
MLS Number
231871022
Price
$349,900

Bedrooms
1
Bathroom
1

Square Footage
490 sq ft
Property Type
RES

Community Name
Features
Natural Gas,Space Heater,Wall Furnace, In Unit

Parking Space Total
Lot Size
Bathroom Total
1
Bedrooms Total
1

Appliances
Wood Siding
Cooling Type
None

Constructed Date
1947
Heating Type
Natural Gas,Space Heater,Wall Furnace

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Hardwood,Vinyl Plank
Foundation Type
Block,Combination,Other

Half Bath Total
0
Stories Total
1

Size Interior
490
Total Finished Area
490
Spaces

Details
Alley Access,Gravel Driveway,Single Garage Attached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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