Address
4734 50 Street, Sylvan Lake, AB
Price
$ 399,000
Property Attributes
  • MLS#A2323825
  • TypeSingle Family
  • Listing Status Active
  • CitySylvan Lake
  • NeighbourhoodDowntown
  • Postal CodeT4S 1G6
  • StyleBungalow
  • Year Built1947
  • Price$ 399,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1332
  • Lot Size0.223324 Acres
Data Source:
Pillar 9 Technologies
Property Description

Own a Piece of Sylvan Lake — and Make It Work for You Tucked among mature trees just blocks from the water, this charming 3-bedroom, 1.5-bath cottage has been fully refreshed and is ready to generate income from day one. With brand new floors, fresh paint, and two updated bathrooms, the hard work is already done — all that's left is to enjoy the returns. The main floor offers two bedrooms, a spacious living room with a cozy wood-burning fireplace, and a butler pantry off the kitchen with rough-ins for a sink — a practical bonus for a rental setup. A third bedroom with its own 2pc bathroom sits on the upper level, giving guests or tenants their own private retreat. Outside, you'll find a double detached garage, a private yard surrounded by mature trees, and 75 x 130 ft across three titled lots — plenty of space to add value over time. The back lane adds convenience, and the east-facing front exposure means gorgeous morning light. Sylvan Lake's rental demand runs strong through every season, and this location — walkable to the lake, shopping, schools, and the golf course — keeps it consistently attractive to tenants. Whether you're adding to your portfolio or stepping into your first income property, this one is move-in ready and waiting. NOTE ZONING DC-50 for future Multifamily permit

Price History
6/24/2026 Listed $399,000

General Features

Heating Electric,Fireplace(s),Space Heater,Wall Furnace
Cooling None
Roof Asphalt Shingle
Appliances Refrigerator,Stove(s),Washer/Dryer
Zoning DC-50
Number of Garage Spaces 2
Restrictions None Known
Year Built 1947
Architectural Style Bungalow
Community Features Fishing,Golf,Lake,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
Levels Two
Property Subtype Detached
Transaction Type For Sale
County Red Deer County
Property Type Residential
Subdivision Name Downtown
Parking Total 4
Construction Materials Wood Siding
Full Baths 1
Status Active
City Sylvan Lake
Basement Development Unfinished
Structure Type House
Standard Status Active
Condo Type Not a Condo
Suite No

Interior Features

Interior Features Primary Downstairs
Basement Partial
Flooring Vinyl
Fireplace Features Wood Burning
Fireplaces Total 1
Basement Features None
Bedrooms Above Grade 3
Rooms Above Grade 3
Total Bedrooms 3
Below Grade Finished Area Unit Type SquareFeet
Total Baths 1
Laundry Features Main Level
Main Level Areas SquareFeet

Exterior Features

Exterior Features Fire Pit,Private Yard
Lot Features Back Lane,Interior Lot,Many Trees,Private
Fencing None
Inclusions None
Parking Features Double Garage Detached
Frontage Length 6.97M 22`10
Foundation Block,Combination,Other
Lot Size Acres 0.22
Garage Y/N Yes
Lot Size Square Feet 9728
Frontage Ft 22.86
Patio And Porch Features None

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 $430K
$400K
Year Built
AVG 1963
1947
Visits
AVG 40
56
Data Provided by Inside Real Estate®