Residential Logo
    1. Home > 
    2. AB > 
    3. Sylvan Lake > 
    4. 4738 50 Street E
    $349,900
    1 days on remax.ca
    1 bed1 bath
    House
    Est. Payment: $1,750 monthly
    1 bed1 bath

    4738 50 STREET E, SYLVAN LAKE, AB T4S1G8

    Courtesy of Royal LePage Network Realty Corp.
    MLS® #: A2251325
    Est. Payment: $1,750 monthly
    Courtesy of Royal LePage Network Realty Corp.
    MLS® #: A2251325
    4738 50 Street E

    Property Description for 4738 50 Street E

    This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Please note this property cannot be purchased with conventional CMHC 5% down lending, and the rezoning does not allow for a single family detached home or major renovations to the existing structure. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake!

    Tour this home

    Property Details

    • Property Tax

      : N/A

    • MLS® #

      : A2251325

    Home Features

    • Property Type

      : Single Family

    • Subdivision

      : Downtown

    Interior Features

    • Heating

      : Natural Gas, Space Heater, Wall Furnace

    • Basement

      : Crawl Space, None

    • Flooring

      : Hardwood, Vinyl Plank

    Exterior Features

    • Acreage

      : 0.15

    • Garage

      : Yes

    • Roof

      : Asphalt Shingle

    Other

    • Parking Features

      : Alley Access, Gravel Driveway, Single Garage Attached

    • Fireplace Features

      : Electric, Gas

    • Exterior Features

      : Private Yard
    Interested in this property?
    We are here to help you in your home buying journey. Would you like us to send you more information about 4738 50 Street E, listed for $349,900?

    Mortgage Calculator

    $1,750
    Monthly
    Estimated Payment
    This calculator is for demonstration purposes only.

    Similar Listings in Sylvan Lake

    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.

    Real Estate by Province