For Sale

4734, 50 Street, Alberta, Sylvan Lake

3 Beds 1 Bath 1332 Sqft

$399,900

About Property

Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project. The Opportunity: Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above). Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water. Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase. The Site: Lot Size: 75 ft x 130 ft total. Servicing: Double detached garage already on site. Location: High-visibility/high-demand area within walking distance to the lake. This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction.

3 Bedrooms
1 Bathrooms
1332 sq ft
Garage
SingleFamilyResidence
Built 1947
Active
2 Floor
Interior Details
  • Primary Downstairs
Outdoor Details
  • Fire Pit
  • Private Yard
MLS Number
232202393
Price
$399,900

Bedrooms
3
Bathroom
1

Square Footage
1332 sq ft
Property Type
RES

Community Name
Features
Electric,Fireplace(s),Space Heater,Wall Furnace, Main Level

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Wood Siding
Cooling Type
None

Constructed Date
1947
Heating Type
Electric,Fireplace(s),Space Heater,Wall Furnace

Pool
Exterior Finish
Bungalow

Fireplace Present
Yes
Fireplace Total
1

Flooring Type
Vinyl
Foundation Type
Block,Combination,Other

Half Bath Total
1
Stories Total
2

Size Interior
1332
Total Finished Area
1332
Spaces

Details
Double Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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