Dedication | Focus | Loyalty
Active
$399,000
4734 50 Street
Downtown, Sylvan Lake
MLS® #A2323825
- 3 Beds
- 1 Baths
- 1,332 Sqft
- 9,728 square feet
- Built 1947
- Single Family
- ✓ 4+ Parking Spaces
- ✓ Air Conditioning
- ✓ Real Lot Size Listed
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:66619)
Features
Interior
3 bedrooms, 1 bathrooms, 1,332 sqft
Lot
9,728 square feet
Parking
4 spaces
Heating
Space Heater, Electric, Other
Cooling
None
Year Built
1947
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.