4734 50 Street Sylvan Lake, Alberta T4S 1G6
$399,900
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. (id:63476)
Property Details
| MLS® Number | A2252047 |
| Property Type | Single Family |
| Community Name | Downtown |
| Amenities Near By | Golf Course, Playground, Schools, Shopping, Water Nearby |
| Community Features | Golf Course Development, Lake Privileges, Fishing |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 1549aj |
| Structure | None |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Stove, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Type | Partial |
| Constructed Date | 1947 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Wood Siding |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Vinyl |
| Foundation Type | Block, See Remarks |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Other, Space Heater |
| Stories Total | 1 |
| Size Interior | 1,332 Ft2 |
| Total Finished Area | 1332 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No |
| Fence Type | Not Fenced |
| Land Amenities | Golf Course, Playground, Schools, Shopping, Water Nearby |
| Size Depth | 12.08 M |
| Size Frontage | 6.97 M |
| Size Irregular | 9728.00 |
| Size Total | 9728 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 9728 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | Dc-50 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 2pc Bathroom | .00 M x .00 M | ||
| Second Level | Bedroom | 15.50 M x 11.20 M | ||
| Main Level | Primary Bedroom | 17.00 M x 9.00 M | ||
| Main Level | Living Room | 9.00 M x 7.30 M | ||
| Main Level | Bedroom | 10.00 M x 7.80 M | ||
| Main Level | 4pc Bathroom | .00 M x .00 M |
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March 10 2026 02:08:49
Central Alberta REALTORS® Association
Royal LePage Network Realty Corp.