Residential For Sale in Sylvan Lake, Alberta
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.
| Street Address: | 4734 50 Street |
| City: | Sylvan Lake |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Red Deer County |
| Subdivision: | Downtown |
| Country: | Canada |
| Latitude: | 52.30590670 |
| Longitude: | -114.09762210 |
| MLS® Number: | A2252047 |
| Price: | $399,900 |
| Property Area: | 1,332 Sq ft |
| Bedrooms: | 3 |
| Bathrooms Half: | 1 |
| Bathrooms Full: | 1 |
| Living Area: | 1,332 Sq ft |
| Building Area: | 0 Sq ft |
| Year Built: | 1947 |
| Listing Date: | Sep 02, 2025 |
| Garage Spaces: | 2 |
| Property Type: | Residential |
| Property Subtype: | Detached |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | Wood Siding |
| Parking: | Double Garage Detached |
| Appliances: | Refrigerator,Stove(s),Washer/Dryer |
| Stories: | N/A |
| Zoning: | DC-50 |
| Fireplace: | N/A |
| Amenities: | Fishing,Golf,Lake,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths |
| Heating: | Electric,Fireplace(s),Space Heater,Wall Furnace |
| Cooling: | None |
| Property Type | Residential |
| Building Type | Detached |
| Square Footage | 1,332 sqft |
| Community Name | Downtown |
| Subdivision Name | Downtown |
| Title | Fee Simple |
| Land Size | 9,728 sqft |
| Built in | 1947 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | Garage |
| Time on MLS Listing | 170 days |
| Above Grade | 3 |
| Total | 2 |
| Partial | 1 |
| Appliances Included | Refrigerator, Stove(s), Washer/Dryer |
| Flooring | Vinyl |
| Features | Primary Downstairs |
| Construction Material | Wood Siding |
| Structures | None |
| Cooling | None |
| Heating Type | Electric, Fireplace(s), Space Heater, Wall Furnace |
| Exterior Finish | Wood Siding |
| Community Features | Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths |
| Amenities Nearby | Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths |
| Parking Type | Garage |
| Total Parking Spaces | 4 |
| Total Finished Area: | 1,332 sq ft |
| Total Finished Area (Metric): | 123.75 sq m |
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Full Bathrooms: | 1 |
| Half Bathrooms: | 1 |
| Rooms Above Grade: | 4 |
| Lot Size: | 9,728 sq ft |
| Lot Size (Acres): | 0.22 acres |
| Frontage: | 23 ft |
Floor plan information is not available for this property.
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