4734 50 Street | Sylvan Lake, Alberta, T4S1G6

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:59084)

Property Details

Full Address:
4734 50 Street, Sylvan Lake, Alberta
Price:
$ 399,000
MLS Number:
A2323825
List Date:
June 24th, 2026
Neighbourhood:
Downtown
Lot Size:
9728 sq.ft.
Year Built:
1947
Taxes:
$ 2,570
Listing Tax Year:
2025

Interior Features

Bedrooms:
3
Bathrooms:
2
Appliances:
Refrigerator, Stove, Washer & Dryer
Flooring:
Vinyl
Air Conditioning:
None
Heating:
Space Heater, Electric, Other
Fireplaces:
1
Basement:
Unfinished, Partial

Building Features

Architectural Style:
Bungalow
Storeys:
2
Foundation:
Block, See Remarks
Exterior:
Wood siding
Garage:
Detached Garage
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 2,570

Floors

Finished Area:
1332 sq.ft.
Main Floor:
1332 sq.ft.

Land

Lot Size:
9728 sq.ft.

Neighbourhood Features

Amenities Nearby:
Golf Course Development, Lake Privileges, Fishing

Ratings

Commercial Info

Location

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