Address
5107 50B Avenue, Sylvan Lake, AB
Price
$ 325,000
Property Attributes
  • MLS#A2090544
  • TypeSingle Family
  • CitySylvan Lake
  • NeighbourhoodDowntown
  • Postal CodeT4S 1G6
  • StyleBungalow
  • Price$ 325,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage900
  • Lot Size8,580 SqFt
Data Source:
Pillar 9 Technologies
Property Description

DEVELOPERS DREAM! Three oversized lots available a block from the beach with 165 feet of total frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090546 and A2090552.

Price History
11/2/2023 Listed $325,000

General Features

Heating Forced Air
Cooling None
Roof Asphalt Shingle
Zoning W-DC
Architctural Style Bungalow
Community Features Fishing,Golf,Lake,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Property SubType Detached
Transaction Type For Sale
Property Type Residential
Subdivision Name Downtown
Parking Total 6
Construction Materials Mixed
Public Remarks DEVELOPERS DREAM! Three oversized lots available a block from the beach with 165 feet of total frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 stor
Structure Type House
Condo Type Not a Condo
Suite No

Interior Features

Interior Features See Remarks
Basement See Remarks
Flooring Other
Full Baths 1
Bedrooms Above Grade 2
Total Bedrooms 2
Total Baths 1
Laundry Features Other
Main Level Areas SquareFeet

Exterior Features

Exterior Features Other
Lot Features Back Yard,City Lot,Lake,Front Yard,Level,Private,See Remarks,Views
Fencing None
Inclusions NA
Parking Features Off Street
WaterFront Features See Remarks
Frontage Length 20.12M 66`0
Foundation Other
Lot Size Acres 0.20
Patio And Porch Features See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T4S 1G6

Price
AVG $360K
$330K
Visits
AVG 392
491
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1942
Walkscore
AVG 72
72
Data Provided by Walkscore® not using MLS data