4734 50 ST Sylvan Lake, AB T4S1G6
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $300
Subdivision Downtown
MLS® Listing ID A2252047
Style Bungalow
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1947
Annual Tax Amount $2,463
Tax Year 2025
Lot Size 9,728 Sqft
Acres 0.22
Property Sub-Type Detached
Source Central Alberta
Property Description
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.
Location
Province AB
County Red Deer County
Zoning DC-50
Direction E
Rooms
Basement Partial
Interior
Interior Features Primary Downstairs
Heating Electric, Fireplace(s), Space Heater, Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Wood Burning
Inclusions NA
Appliance Refrigerator, Stove(s), Washer/Dryer
Laundry Main Level
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Fence None
Community Features Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch None
Lot Frontage 22.86
Exposure E
Total Parking Spaces 4
Building
Lot Description Back Lane, Interior Lot, Many Trees, Private
Foundation Block, Combination, Other
Architectural Style Bungalow
Level or Stories Two
Structure Type Wood Siding
Others
Restrictions None Known
Tax ID 101651595
Ownership Private
Nearby Locations
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