Property Details
4738 50 Street E
Sylvan Lake (A2251325)
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!
Property details
- MLS® #
- A2251325
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Downtown
- Price
- $349,900
- Sale/Lease:
- For Sale
- Size:
- 490 sq.ft.
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1947 (78 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Alley Access, Gravel Driveway, Single Garage Attached
- Basement:
- No
- Features:
- Ceiling Fan(s), Wood Windows
- Inclusions:
- furniture (negotiable)
- Appliances:
- Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- Laundry:
- In Unit
- Exterior Features:
- Private Yard
- Patio/Porch Features:
- None
- Nearby Amenities:
- Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
- Lot Size:
- 0.15 acres
- Lot Features:
- Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Interior Lot, Treed
- Zoning:
- DC-50
- Roof:
- Asphalt Shingle
- Exterior:
- Wood Siding
- Floors:
- Hardwood, Vinyl Plank
- Foundation:
- Block, Combination, Other
- Heating:
- Natural Gas, Space Heater, Wall Furnace
- Cooling:
- None
- Amenities:
- Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
- Possession:
- Negotiable
- Days on Market:
- 8
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.