4734 50 Street Sylvan Lake, AB T4S 1G6
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Royal Lepage Network Realty Corp.

  4734 50 Street Sylvan Lake, AB T4S 1G6

Active
$399,000 (CAD)
3
BED
2
BATH
1,332
SQFT

Description

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.

MLS®:
A2323825
Lot Size
9,728 SQFT
Type
Single-Family Home
Year Built
1947
Style
Bungalow
County
Red Deer County

Listed By

Krysta Rush, Royal Lepage Network Realty Corp.
Source
PILLAR 9 - IDX
Last checked Jun 24 2026 at 6:24 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Appliances : Refrigerator
  • Appliances : Stove(s)
  • Laundry/Utility Room : Main Level
  • Appliances : Washer/Dryer
  • Primary Downstairs
Subdivision
  • Downtown
Lot Information
  • Private
  • Back Lane
  • Many Trees
  • Interior Lot
Property Features
  • Fireplace: Total Fireplace(s) : 1 Wood Burning
  • Foundation: Block
  • Foundation: Other
  • Foundation: Combination
Heating and Cooling
  • Wall Furnace
  • None
Basement Information
  • Partial
Flooring
  • Vinyl
Exterior Features
  • Roof: Asphalt Shingle
Garage
  • Double Garage Detached
Parking
  • Parking Space(s) : 4
Stories
  • 2
Living Area
  • 1,332 sqft
Location
   
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.