4734 50 Street
Sylvan Lake, Alberta, T4S1G6
For Sale | $399,900 | 3 beds | 2 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: $399,900
- Bedrooms: 3
- Bathrooms: 2
- Interior size: 1,332 sqft
- Lot size: 9728.00
- Year built: 1947
- Parking: 4
Listing overview
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 wa...

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