AB > Sylvan Lake > Downtown
Sylvan Lake, AB T4S1G6,4734 50 ST
Sylvan Lake, AB T4S1G6,4734 50 ST
Sylvan Lake, AB T4S1G6,4734 50 ST
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$399,900
Est. payment /mo
3 Beds
2 Baths
1,332 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1332.0

Square Footage 1,332 sqft

Price per Sqft $300

Subdivision Downtown

MLS Listing ID A2252047

Style Bungalow

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1947

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Detached

Property Description

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.

Location

Province AB

Community Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Zoning DC-50

Rooms

Basement Partial

Interior

Interior Features Primary Downstairs

Heating Electric, Fireplace(s), Space Heater, Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Inclusions NA

Fireplace Yes

Appliance Refrigerator, Stove(s), Washer/Dryer

Laundry Main Level

Exterior

Exterior Feature Fire Pit, Private Yard

Parking Features Double Garage Detached

Garage Spaces 2.0

Fence None

Community Features Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Total Parking Spaces 4

Garage Yes

Building

Lot Description Back Lane, Interior Lot, Many Trees, Private

Dwelling Type House

Faces E

Story Two

Foundation Block, Combination, Other

Architectural Style Bungalow

Level or Stories Two

New Construction No

Others

Restrictions None Known

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Listed by Royal LePage Network Realty Corp.
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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4734 50 ST

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