4734 50 Street, Sylvan Lake, Alberta T4S 1G6

Listed for:
$399,900
3 beds
2 baths
Listed 8 days ago
House for rent: 4734 50 Street, Sylvan Lake, Alberta T4S 1G6

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About

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. (id:27476)

Property Highlights

MLS® Number
A2252047
Type
Single Family
Community Name
Downtown
Ownership Type
Freehold
Land Size
9728 sqft|7,251 - 10,889 sqft
Parking Space Total
4

Building

Building Type
House
Storeys
1.00
Square Footage
1332 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Golf Course, Playground, Schools, Shopping, Water Nearby
Exterior Finish
Wood siding
Fireplace Present
Yes
Basement Type
Partial
Basement Features
Building Heating Type
Other, Space Heater
Heating Fuel
Electric
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Royal LePage Network Realty Corp.
MLS® number:
A2252047
Agent:
Krysta Rush
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