JN REAL ESTATE GROUP

Downtown

LIST PRICE

$345,900

4738 50 Street E, Sylvan Lake · T4S1G8

1 BEDROOMS · 1 BATHROOMS · 490 SQFT · BUILT 1947

MLS A2251325 · 319 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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!

DETAILS

INTERIOR

BEDROOMS
1
FULL BATHS
1
HALF BATHS
0
LIVING AREA (SQFT)
490
FEATURES
Ceiling Fan(s) · Wood Windows
APPLIANCES
Refrigerator · Stove(s) · Washer/Dryer · Window Coverings
FLOORING
Hardwood · Vinyl Plank
FIREPLACE
Electric · Gas
BASEMENT
Crawl Space

BUILDING

TYPE
Detached
STYLE
Bungalow
YEAR BUILT
1947
NEW CONSTRUCTION
No
CONSTRUCTION
Wood Siding
ROOF
Asphalt Shingle
FOUNDATION
Block · Combination · Other

PARKING

GARAGE SPACES
1
TOTAL PARKING
3
PARKING
Alley Access · Gravel Driveway · Single Garage Attached

LOT & EXTERIOR

LOT SIZE (SQFT)
6,490
LOT SIZE (ACRES)
0.15
LOT
Back Lane · Back Yard · Front Yard · Fruit Trees/Shrub(s) · Interior Lot · Treed
EXTERIOR
Private Yard
PATIO & PORCH
None
FENCING
None

COMMUNITY

COMMUNITY
Downtown
COMMUNITY FEATURES
Fishing · Golf · Lake · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Walking/Bike Paths
ZONING
DC-50
POSTAL CODE
T4S1G8

UTILITIES & COSTS

HEATING
Natural Gas · Space Heater · Wall Furnace
COOLING
None
ANNUAL TAXES
$2,022

LISTING COURTESY OF KRYSTA RUSH · ROYAL LEPAGE NETWORK REALTY CORP.

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.