For Sale: 4734 50 Street, Sylvan Lake, AB - REW
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$399,900
3 bd 2 ba 1332 sf House

4734 50th StreetSylvan Lake, AB, T4S 1G6

  • 3 Bed
  • 2 Bath
  • 1332 Sqft
  • House

About this home

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.
Listed by: Krysta Rush, Royal LePage Network Realty Corp.

Home facts and features

Price details
List Price
Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Parking Spaces
2
Property Type
House
Lot Size
9584 ft²
Frontage
22.86 ft
Year Built
Built in 1947 (79 yrs old)
Style
Bungalow
Heating Type
Electric,Fireplace(s),Space Heater,Wall Furnace
Basement Details
Partial
Features
Back Lane, Fire Pit, Fishing, Interior Lot, Lake, Main Level, Many Trees, Primary Downstairs, Private, Private Yard, Schools Nearby, Sidewalks, Walking/bike Paths, Wood Burning
Amenities
Golf Course, Playground, Shopping Nearby
Appliances
Refrigerator, Stove(s), Washer/Dryer
Agent details
Primary Agent
Primary Broker
Royal LePage Network Realty Corp.
Secondary Agent
Secondary Broker
Royal LePage Network Realty Corp.
Listing details
Days on REW
277 Days
Property Views
264
MLS® Number
A2252047
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

École H.J. Cody High School
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  • In Catchment
Equinox Group Home
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École Steffie Woima Elementary School
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Sylvan Lake Career High School
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Lighthouse Christian School
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C. P. Blakely Elementary School
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École Fox Run School
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Beacon Hill Elementary School
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Mother Teresa
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Our Lady Of The Rosary School
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.