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