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$399,000

4734 50 Street, Sylvan Lake, AB, T4S 1G6

MLS® # A2323825

3+0 Beds

Bath

1332  FEETSQ

QuickQuoteTM: $363K - $440K

Sylvan Lake AB, T4S 1G6

MLS® # A2323825

Property Information:

Own a Piece of Sylvan Lake — and Make It Work for YouTucked among mature trees just blocks from the water, this charming 3-bedroom, 1.5-bath cottage has been fully refreshed and is ready to generate income from day one. With brand new floors, fresh paint, and two updated bathrooms, the hard work is already done — all that's left is to enjoy the returns.The main floor offers two bedrooms, a spacious living room with a cozy wood-burning fireplace, and a butler pantry off the kitchen with rough-ins for a sink — a practical bonus for a rental setup. A third bedroom with its own 2pc bathroom sits on the upper level, giving guests or tenants their own private retreat.Outside, you'll find a double detached garage, a private yard surrounded by mature trees, and 75 x 130 ft across three titled lots — plenty of space to add value over time. The back lane adds convenience, and the east-facing front exposure means gorgeous morning light.Sylvan Lake's rental demand runs strong through every season, and this location — walkable to the lake, shopping, schools, and the golf course — keeps it consistently attractive to tenants. Whether you're adding to your portfolio or stepping into your first income property, this one is move-in ready and waiting. NOTE ZONING DC-50 for future Multifamily permit

Inclusions: None

Building Features:

  • Total Finished Area: 1332.00

Property Features:

  • Bedrooms: 3+0
  • Bathrooms: 1+0
  • Architectural Style: Bungalow
  • Built in: 1947
  • Construction Materials: Wood Siding
  • Cooling: None
  • Exterior Features: Fire Pit, Private Yard
  • Fireplace Features: Wood Burning
  • Floor Space (approx): 1332.00 Square Feet
  • Flooring: Vinyl
  • Foundation Details: Block, Combination, Other
  • Heating: Electric, Fireplace(s), Space Heater, Wall Furnace
  • Interior Features: Master Downstairs
  • Levels: Two
  • Lot Size: 9728.00 Square Feet
  • Parking Features: Double Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: DC-50
  • No. of Parking Spaces: 4

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 4734 50 Street, Sylvan Lake, AB, T4S 1G6

Demographic Information of 4734 50 Street, Sylvan Lake, AB, T4S 1G6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$98,153.58

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.37 %

High school certificate or equivalent

33.93 %

Apprenticeship trade certificate/diploma

13.64 %

College/non-university certificate

18.93 %

University Degree

12.13 %

Commuter

Travel To Work

By Car

88.58 %

By Public Transit

0.0 %

By Walking

5.39 %

By Bicycle

0.0 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.3 %

Houses

86.7 %

Own Vs. Rent