For Sale: 5019 52 Street, Sylvan Lake, AB - REW
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$624,900
0 bd • ba • 2072 sf • Triplex
5019 52 Street
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$624,900
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5019 52nd StreetSylvan Lake, AB, T4S 1E4

  • 0 Bed
  • Bath
  • 2072 Sqft
  • Triplex

About this home

This unique and fully renovated triplex offers an exceptional revenue opportunity just one block from the lake, currently generating $5,850 per month in rental income and being offered fully furnished for a true turnkey investment. Situated on a massive lot with a fully fenced yard, this property features three legally suited units, including two 2 bedroom units and one 1 bedroom unit, each with its own character and strong rental appeal. The property includes a two storey home originally built in 1924, a second structure built in 1974, and a charming one bedroom cabin complete with its own kitchen, bathroom, and in suite laundry. All three units have been updated, making this an ideal opportunity for investors or those looking to live in one unit while generating income from the others. With its proximity to the lake and flexible layout, there is also excellent potential for short term rental use, including Airbnb. The exterior space is just as impressive, featuring a huge lot with a clean, low maintenance white vinyl fence and three separate sundecks, one for each unit, providing private outdoor space for tenants or guests. Additional upgrades include brand new eavestroughs, as well as improvements to the cabin including updated lighting, plumbing lines, and added insulation to protect water lines. With approximately 2,000 square feet of developed living space and a truly one of a kind setup, this property stands out as a rare opportunity in a highly desirable location near the lake, amenities, and recreational areas.
Listed by: Jeffrey Cox, eXp Realty of Canada

Home facts and features

Price details
List Price
$624,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Triplex
Lot Size
5663 ft²
Frontage
50.00 ft
Year Built
Built in 1924 (102 yrs old)
Appliances
Built-in Refrigerator, Dishwasher, Microwave, Stove(s), Washer/Dryer
Agent details
Primary Agent
Primary Broker
eXp Realty of Canada
Listing details
Days on REW
48 Days
Property Views
23
MLS® Number
A2303454
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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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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  • In Catchment
École Fox Run School
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Sylvan Lake Career High School
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École Steffie Woima Elementary School
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Lighthouse Christian School
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Mother Teresa
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C. P. Blakely Elementary School
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Beacon Hill Elementary School
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Our Lady Of The Rosary School
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Associate
Jeffrey Cox
Phone:
(403) 216-1600
Office:
403-262-7653
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