4734 50 Street, Sylvan Lake

$399,000 · 3 Bed 1 Bath

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About this property

Own a Piece of Sylvan Lake — and Make It Work for YouTucked 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 (id:66939)

Property details

Price
$399,000
Bedrooms
3
Bathrooms
1
Living area
1,332 square feet
Lot size
9728 square feet
Parking
4
Year built
1947
Property type
Single Family
Basement
Unfinished, Partial
MLS® number
A2323825

Location

Map showing the location of 4734 50 Street, Sylvan Lake

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Listing courtesy of Royal LePage Network Realty Corp.. Source board: Central Alberta REALTORS® Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.